Thursday, December 19
“No knockout, but new U.S. sanctions add to Russia’s ‘slow destruction,’
Monday, April 19, 2021
” headlined a Reuters analysis out of London. Based on interviews with market participants, the reporters write of Washington’s sanction package: “Its move to target Moscow’s main funding avenue – the ruble bond market – has in some ways, crossed the Rubicon, potentially with far-reaching consequences.”
