russiasanctions
Vladimir Putin considers that the economic “blitzkrieg” launched against the Eurasian country by the Western powers was doomed to failure and has warned that the sanctions are a double-edged sword. The Russian President estimates they will cost the European Union over $400 billion. Vladimir Putin’s TakeAs reported by CNBC, Putin said in the framework of the International Economic Forum in St. Petersburg: “The economic ‘blitzkrieg’ against Russia had no chance of success.” Q1 2022 hedge fund letters, conferences and more He defended that the weapon of sanctions “is double-edged” and inflicts co...
ValueWalk
The White House imposed more sanctions on Thursday, this time targeting the assets of eight Russian oligarchs, in response to Russia’s invasion of Ukraine last week. “These individuals have enriched themselves at the expense of the Russian people, and some have elevated their family members into high-ranking positions,” said the White House. “Others sit atop Russia’s largest companies and are responsible for providing the resources necessary to support Putin’s invasion of Ukraine.” The new penalties will cut the oligarchs off from the U.S. financial system along with freezing their assets in A...
uPolitics.com
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