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The Uncomfortable Truth About Sanctioning Russia — Irina Slav

Summary:
Russia’s decision to recognize the independence of two cities in Ukraine and send troops over the border has triggered a slew of sanctions from the West.These sanctions include the suspension of the certification of Nord Stream 2 and the freezing of assets associated with some banks and wealthy individuals.The reason this first round of sanctions is relatively light is two-fold, the West wants to maintain some leverage over Russia and has very limited options.Oilprice (no options that don't involve economic pain for the West)The Uncomfortable Truth About Sanctioning RussiaIrina Slav

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  • Russia’s decision to recognize the independence of two cities in Ukraine and send troops over the border has triggered a slew of sanctions from the West.
  • These sanctions include the suspension of the certification of Nord Stream 2 and the freezing of assets associated with some banks and wealthy individuals.
  • The reason this first round of sanctions is relatively light is two-fold, the West wants to maintain some leverage over Russia and has very limited options.
Oilprice (no options that don't involve economic pain for the West)
The Uncomfortable Truth About Sanctioning Russia
Irina Slav
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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