New US sanctions affect Russian banks, television stations

New US sanctions affect Russian banks, television stations

This post was originally published on this site Washington – The US Treasury Department has announced new sanctions against Russia over its invasion of Ukraine. The Office of Foreign Trade (OFAC) has named parties and individuals it says are important for Russia’s ability to wage war, including directors of two...

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Despite Western sanctions, Russian ruble and banks are recovering

Despite Western sanctions, Russian ruble and banks are recovering

This post was originally published on this siteAfter tumbling from the shock of sanctions, the Russian ruble has recovered nearly all its value, thanks to oil and natural gas sales.

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