WASHINGTON (Reuters) - Further sanctions on Russia would have a "broader chilling effect" on the country and its companies that are already largely excluded from raising foreign capital, a lobbying group representing 500 world financial institutions and major banks warned on Friday.
Indeed, further sanctions are likely if an investigation establishes Russian links to the downing of a Malaysian airliner on Thursday, the Washington-based Institute of International Finance said. Of the four companies sanctioned by the United States on Wednesday, Rosneft Oil Co