Expanding the Legacy
Tag: Sanctions
3 Posts
Russia Banished to Margin of Global Affairs
The Russia of President Vladimir Putin is becoming more isolated by the day as outpourings of indignation reach a fever pitch over the apparently indiscriminate bombing of Ukrainian cities and towns.
Casting Russia Adrift
In a matter of days, Russia was unceremoniously cut off from the global financial system. Credit and debit cards stopped working, as did Apple Pay and a host of other services. Both Visa and Mastercard blocked Russian financial institutions from accessing their network.
Fortress Russia on Shaky Ground
The rouble took a pounding of note, losing almost a third of its value as soon as forex markets opened Monday morning. Equity trading was suspended whilst Russian financial authorities pondered the extent of the sanctions imposed over the weekend.
