WASHINGTON/LONDON—The U.S. Treasury Department has banned U.S. money managers from buying any Russian debt or stocks in secondary markets, on top of its existing ban on new-issue purchases, in its latest sanctions on Moscow over its invasion of Ukraine. Despite Washington’s sweeping sanctions in recent months, Americans were still allowed to trade hundreds of billions…
US Bars Investors From Buying Russian Debt, Stocks on Secondary Market
June 8, 2022
admin
Business & MarketsCompanieseconomic policieseconomyEuropeInternationalMarketsRussia-Ukraine WarRussian debtstockstocksTreasury DepartmentUSUS NewsWorld
0 Comment
Russian Debt Default ‘Priced-In’ by Investors But Risks Remain, ‘Butterfly Effect’ Could Impact Multiple Entities
March 15, 2022
admin
Business & EconomyEuropeforeign debtMarketsNew Sanctions on RussiaRussia-Ukraine WarRussian debtWorld
0 Comment
Russia’s attack on Ukraine and the resulting international sanctions have triggered fears of a potential debt default by Moscow, something which economist William Jackson says is unlikely. A Russian default will likely be “symbolic” and not have any significant consequences within Russia or elsewhere, Jackson, the chief emerging markets economist at Capital Economics, said in…
Fitch, Moody’s Cut Russia’s Sovereign Rating to ‘Junk,’ Rouble Dives to Record Low
March 3, 2022
admin
Business & Economyeconomic policieseconomyEuropeFitchInternationalInvestmentMarketsMoody'sRussia-Ukraine WarRussian debtWorld
0 Comment
Rating agencies Fitch and Moody’s have downgraded Russia’s sovereign rating to junk status as a consequence of tough Western sanctions over the Kremlin-ordered invasion of Ukraine, sending the rouble plunging to a record low. Fitch downgraded Russia to “B” from “BBB” and put the country’s ratings on “rating watch negative.” Moody’s cut Russia’s rating by…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`