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    1. Glittering-Arm9638 on

      **The US has broadened its sanctions on Russia, including a fresh crackdown on banks dealing with sanctioned entities.**

      It expands a December programme to target foreign banks deemed to be aiding Russia’s war effort in Ukraine.

      The US also placed sanctions on the Moscow stock exchange, leading to it halt trading in dollars and euros.

      It also moved to try to restrict Russia’s use of technology, including chips and software.

      US President Joe Biden signed an executive order in December that imposed sanctions on banks dealing with about 1,200 individuals and companies deemed to be helping Russia’s war machine.

      Those measures, which expose banks to the risk of being cut off from the US financial system, have now been expanded to about 4,500 entities.

      The US will also target on gold-laundering.

    2. Glittering-Arm9638 on

      MOEX (Russian stock index) seems to be going down a bit(-1.8% last time I checked). Was reading that the ruble would take a hit too, but haven’t seen it materialize yet. Other than that, this is something I know very little about. Would be interested to have some educated takes on this.

    3. An_Odd_Smell on

      Maybe the World is finally grasping the fact russia is basically a weakling state and an empty threat in a global sense, and so is now willing to take action, without the traditional fear of “*z0mFg Mighty Superpower War Machina rossiya!!!!11*”….

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