The ban, once seen as unlikely, is a significant tightening of the squeeze on Russia’s economy, and a financial blow to Europe, too.
Tag: Sberbank
Amid Hardening Western Resolve, Signs of Russia’s Stalling in Eastern Ukraine
Pentagon officials say the Russian drive in Donbas is being hampered by poor logistics and stiff Ukrainian resistance.
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.