A view of the Kremlin’s Spasskaya tower and St. Basil’s cathedral taken during the last day of the … [+] three-day parliamentary and local elections in Moscow on September 19, 2021. ...
Tag: economic sanctions
Washington’s Oil Price Cap Won’t Work-And Putin Knows It
Russian Prime Minister Vladimir Putin visits Lukoil stationary oil platform in the Caspian Sea AFP via Getty Images For the past several months the U.S. has been shopping around other advanced democra...
U.S. Adds Pressure On Russia By Blocking Bond Payments, Increasing Risk Of Default
Topline The Treasury Department on Monday blocked the Russian government from making sovereign debt payments using dollars held at American banks, a move that greatly ramps up financial pressure on Ru...
Wall Street Banks Could Lose Billions In Russia—Here’s How Much Exposure They Have
Topline The conflict in Ukraine has caused many of Wall Street’s biggest banks to begin winding down their business in Russia, but they could still face billions of dollars in losses as they reduce ex...