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London-traded shares of Russian largest state owned bank Sberbank dropped by 68%.

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The sharp decline was the result of severe economic sanctions imposed against the aggressor state, including cutting off selected Russian banks from the payment order system SWIFT. Russian companies also plunged.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The Kyiv Independent staff documented what it feels like to live and sleep in Kyiv, Ukraine, as Russia intensifies its drone and missile attacks on the city. Filmed over several weeks in June and July, our journalists take shelter in bathrooms, basements, and parking garages as explosions ring out overhead.

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