KEY POINTS —Interest payments totaling $100 million were due on May 27 and subject to grace period which expired on Sunday night. —Sweeping sanctions imposed by Western powers in response to Russia’s invasion of Ukraine, along with countermeasures from Moscow, have effectively ostracized the country from the global financial system. Russia could be entering its…
How Much Are Sanctions Hurting Russia? – On Wednesday, the United States issued a slew of new sanctions against Russian banks and elites, which included a ban on Americans investing in Russia. The new sanctions specifically targeted Russia’s Sberbank, which holds around one-third of the country’s bank assets. Sanctions also targeted Russian President Vladimir Putin’s…
With 150,000 Russian troops circling Ukraine’s borders and U.S. officials warning that a major invasion could take place any day, President Biden has signaled to the American public that it, too, may feel effects if Russia chooses to invade. “If Russia decides to invade, that would also have consequences here at home. But the American…
WASHINGTON (Reuters) – The United States plans to sanction Russian oligarchs this week under a law targeting Moscow for meddling in the 2016 U.S. election, sources familiar with the matter said on Wednesday, in what could be the most aggressive move so far against Russia’s business elite. The action, which could affect people close to…
Megyn Kelly interviews Vladimir Putin on March 1, 2018. NBC News Russian President Vladimir Putin has told NBC News that he “couldn’t care less” if Russian citizens tried to interfere in the 2016 American presidential election because, he claims, they were not connected to the Kremlin. In an exclusive and at-times combative interview with NBC’s Megyn…