New Sanctions Could Reshape Russia's Economic Ties with Europe and China

New U.S. sanctions may block European payments for Russian gas, exacerbate volatility in Russia's FX market, and strengthen Moscow's ties with China. The sanctions particularly target Gazprombank, impacting Russian trade and financial systems, while

By: Devdiscourse

Nov 28 2024
41
4500 Views

New Sanctions Could Reshape Ru

In a significant geopolitical move, the United States has expanded sanctions on Moscow, effectively closing the primary channel for European customers to pay for Russian gas. Russian economists suggest this could heighten market volatility and potent... [797 chars]