Medley's Emons on Russia, Ukraine

The transcript discusses the implications of potential full sanctions on Russia, focusing on market reactions, energy and commodity demands, and the impact on Russian securities. It highlights the uncertainty in markets, the role of safe havens, and the broader economic effects of sanctions, including liquidity issues and market interventions.

What implications does the rejection of foreign clients' bids to sell Russian securities have on emerging markets?

What factors contribute to the expectation of a flight to safety in the current economic climate?