The world is currently changing so rapidly that the term ‘new normal,’ which first appeared in the business realm and later enriched diplomatic slang, has been added to the active vocabulary of not only all those who follow the news, but even those who don’t.

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Western sanctions have so far cost global corporations almost $60 billion, Wall Street Journal estimates The losses of international companies from Western sanctions on Russia have exceeded $59 billion, the Wall Street Journal reported on Friday, citing data from public statements and securities filings.