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Russian representative Alexey Borodavkin meanwhile did not pull any punches, blaming the rise of IS on countries helping the opposition fight Syrian President Bashar al-Assad s regime.
Russian stock markets dived as Switzerland joined the European Union in imposing restrictions on Russian state banks and fears grew that the U.S. and EU could impose further sanctions on Russian businesses and individuals in response to the military escalation. Russia's MICEX index dropped nearly 2 percent on Thursday, and major Russian state banks VTB and Sberbank dropped more than 4 percent.
Russian stocks also fell Monday, with the
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