By Sam Willie
Reuters
reports on the effects of U.S. and EU sanctions
against Russia for its actions in Ukraine. The economic sanctions have achieved
their intended purpose of cutting off vital financing options for Russian banks
in Western markets. Moreover, the sanctions have impeded Russian banks from
accessing alternative sources of funding in the Asian markets. It is said that
this difficulty is due in large part to a lack of lawyers and underwriters who are
legally permitted, or generally willing, to work with the Russian banks as a
result of the sanctions.
0 comments:
Post a Comment