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Newsroom.co.nz
Newsroom.co.nz
Business
Andrew Patterson

Investors take cover as European conflict escalates

Customers queue to withdraw their savings from a branch of Russian state-owned bank Sberbank, in Czechia. US President Joe Biden announced sanctions hitting four Russian banks. Photo: Getty Images
Business and investing: Coupled with rapidly rising inflation, supply chain disruption, labour shortages, rocketing energy prices and the continued fallout from a global pandemic, investors must be starting to wonder what more could possibly go wrong this year. In reality, quite a lot.
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