In spite of sanctions, some Russian fish exports make it into the U.S. because the rules allow fish that’s first processed in China.
Major American and European brands have pulled out of Russia in protest over the war in Ukraine and have lost millions in the process.
A forthcoming paper on Russia’s economic sanctions finds they could go further by targeting oligarchs’ wealth managers.
Whether they $60 a barrel price cap will continue to work in the long run is an open question though.
The EU has just unveiled a punitive ban on oil imports from Russia — but the Ukrainian government is unimpressed.
Their fates and fortunes are tied closely to Vladimir Putin’s.
Russia has been transitioning to a market economy. But its war on Ukraine and the sanctions that have followed could turn back the clock.
The British government has threatened to freeze Russian oligarchs’ property in the U.K. if Russia invades Ukraine. Is the threat credible?
