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

Joe Biden Has A Big Ukraine Problem

Tsarizm Staff

The Magnificent Flying Machines Of Igor Sikorsky

Tsarizm Staff

32 Russians Dead In Syrian Military Plane Crash…Developing

Tsarizm Staff