Tsarizm
Eastern Europe News

Russia’s Bondageddon

Russia's Bondageddon
Image by Bandai Namco Entertainment America

Russian assets are toxic nuclear waste again. On April 6 the US Treasury Department (USTD) released a new set of targeted sanctions aimed at some of Russia’s biggest businessmen and their companies, and unleashed chaos on the markets.

Funny Russian Central Bank Video: You’ve Never Seen New Bank Notes Promoted Like This…Guaranteed

Russian assets were hot until the new sanctions, with foreign investors piling into Russia’s sovereign ruble-denominated debt as one of the best ways to make money in the global zero-interest world. But the sanctions have hit not just those companies on the new US list, but all of Russia’s companies. A sword of sanctions is now dangling over everyone as those announced so far were directed in such a way is it is impossible to guess where it will fall next. This uncertainty has done far more damage than the actual sanctions which applied to a very small number of names.

To read more visit bne Intellinews

Related articles

Moscow Suggests Armenia Adopt Russian As Official Language

Tsarizm Staff

Censorship Grows In Russia As Kremlin Blocks Anti-Putin Website

Tsarizm Staff

New Russian Tank Regiment?

Tsarizm Staff

Subscribe to our evening newsletter to stay informed during these challenging times!!