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The threat of the United States government to impose sanctions on foreign financial institutions has significantly altered the financial flows between Russia and countries such as Turkiye, the United Arab Emirates (UAE), and Kazakhstan. Such financial operations have slowed down, stated the United States deputy secretary of the treasury, Wally Adeyemo, in an interview with Reuters. According to a US official, data obtained by the Treasury, including reports from financial institutions, indicate a reduction in the movement of funds after Washington issued a decree in December of last year threa…

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