In: hive-exclusives | EMEA
Russia Sanctions: The Shock That Never Came
(5 min read)
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