Obserwator Finansowy: It’s a great honour to have you here at the studio of Obserwator Finansowy. I would like to ask you a question concerning the sanctions imposed on Russia. During the academic session you...
There is an obligation to do everything possible to create damage to Russia’s war effort and put pressure, hopefully, for change in Russia – says Fabio Ghironi, Professor of Economics, University of Washington
Ukraine needs to be confident. Investors need to be confident, that it is secure from further attacks by Russia – says Barry Eichengreen, Professor of Economics and Political Science, University of Berkeley
In response to Russia’s invasion of Ukraine, the U.S. and other Western economies deployed a set of powerful financial weapons against Russia with remarkable speed.
Russia’s government is doing all it can to evade Western economic sanctions, and at least some observers are positively impressed by its success.
On the one hand, the Russian embargo was supposed to be a “punishment” for Western exporters for the sanctions imposed on Russia. On the other hand, it was supposed to serve as a tool to support domestic production. However,...
According to credit rating agency Fitch, Russian banks are in a position to absorb credit losses stemming from exposure to individuals and firms targeted by US sanctions.
The US Department of the Treasury, pressured by the U.S. Congress, imposed a new round of sanctions against seven Russian oligarchs, 12 companies under their control, and 17 high-ranking government officials.
The banking sector of Belarus, already shaken by the US sanctions that affect the local subsidiaries of Russian leading state-owned lenders, will face further problems if the US administration adopts new restrictions against...
The Eurasian Customs Union has been created by several countries of the former Soviet Union surrounding Russia and has contributed to the growth of illegal exports from outside the community.