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And the Financial Times reports that multinational tobacco company Philip Morris International has admitted it would “rather keep” its business in Russia than sell it on stringent Kremlin terms. The paper says it highlights the challenges for companies trying to leave the country without taking a huge financial hit.

Financial Times Front Page 10th of March 2025

In a crucial effort to secure renewed backing, the leadership intends to offer limited concessions and fortify ties with key partners overseas, underscoring a strategic pivot that emphasises continued alignment with the PM and the West while bolstering economic and diplomatic footing.

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