By Tatiana Orlova 16-04-2021
In: hive-exclusives | EMEA

Russia Sanctions: The Shock That Never Came

(5 min read)
Resize text:


The most important measure bars US entities from newly issued local sovereign debt, effective from 14 June. The ban includes debt issued by the CBR, the Finance Ministry and the National Wealth Fund.

Apart from this, the Treasury included over a dozen individuals and 25 entities into the OFAC list. It cited their involvement in the attempts to influence the US 2020 elections and cooperation with Russia’s intelligence service, which it blames for the SolarWinds hack. Some of the newly targeted persons are sanctioned for asserting governmental authority in Crimea. Two companies are included in the OFAC list for their involvement in constructing the bridge over the Kerch Strait linking Crimea with the Russian mainland. Besides, Washington has expelled 10 Russian diplomats.

TO READ THIS HIVE EXCLUSIVE
SUBSCRIBE TO MACRO HIVE PRIME

£39/month thereafter

For access to our Slack Chat Room, where we discuss all things markets with our researchers and subscribers

START YOUR FREE TRIAL


MOST READ

Weekly Vaccination Update: US Vaccination Rates Face Largest Setback Yet (3 min read)

By Sam van de Schootbrugge | Apr 28, 2021
This week, an average of 16.6mn vaccinations were administered globally every day, up 1% WoW. The largest improvements were...

India’s Local Lockdowns Trigger a Sharp Slowdown in Mobility (2 min read)

By Caroline Grady | Apr 27, 2021
Six consecutive days of above 300,000 new COVID cases are taking their toll. On Sunday, Delhi extended its six-day lockdown...

Worrying About Biden’s Capital Gains Tax Headline? Don’t! (2 min read)

By John Tierney | Apr 23, 2021
Talk about horrible headlines. President Joe Biden wants to boost the capital gains tax to 39.6% for people making more than $1 million...

PREMIUM CONTENT

Why Growth Stocks Are Looking Good Again (4 min read)

By John Tierney | Apr 26, 2021
Summary In equity markets, the 2021 storylines…

FOMC Preview: All About Taper Timing (2 min read)

By Jon Turek | Apr 27, 2021
Summary Market focus ahead of Wednesday’s FOMC…

Five Things You Did Not Know About China (2 min read)

By Bilal Hafeez | Apr 13, 2021
China is a global economic superpower, yet…

Want To Join Our Community Of Leading Investors And Researchers In Our Slack Chat Room?

US