For nearly a decade, sanctions have been little more than names on a list for wealthy Russians. Governments are working to give them bite.
Tag: Central Bank of Russia
Russians Face Sanctions and Anxieties of a Costly War
The ruble plunged, the stock market was shuttered and foreign investors shed holdings in Russian companies, deepening the concern among citizens who had become accustomed to the perks of globalization.
Russia’s Stock Market Closes and Ruble Crashes as Sanctions Hit
The hectic moves were the first signs that Western sanctions were shaking the foundations of Russia’s economy.
How Putin Has Prepared Russia’s Economy for Sanctions
Since paying the price for annexing Crimea in 2014, Russia has tried to make its economy sanctions-proof, hoarding currency to insulate the country.
Sanctions on Russian Debt Are Called a ‘First Salvo’ That Sends a Message
The curbs on U.S. banks’ purchases of some bonds apply to a small portion of the market but could signal a sharper aim at Russia’s access to global capital.