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THE Russian subsidiary of Alphabet Inc’s Google has filed for insolvency, according to a message posted on Russia’s official registry Fedresurs yesterday. The subsidiary was “submitting a notice of the intention to declare itself insolvent (bankrupt)”, the note said. “Since March 22, 2022, it foresees its own bankruptcy and inability to fulfil its monetary obligations, demands to pay severance payments and (or) the remuneration of staff working or previously working under an employment contract, and (or) the obligation to make mandatory payments within the prescribed period,” the note said. Google did not respond. | Reuters

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