JRL NEWSWATCH: “Threat of new Russia sanctions forces foreign investor rethink” – Reuters/ Karin Strohecker, Marc Jones

VTB Bank File Photo

“The Kremlin’s latest standoff with Ukraine in the Azov Sea is forcing foreign investors to reconsider Russia, which faces the possibility of even more stringent Western sanctions.  European Union leaders are expected to soon extend existing sanctions on Russia, although some senior politicians have also called for imposing fresh ones.  But the bigger risk is that Washington could opt to bar Russian banks such as Sberbank and VTB from operating in the United States and restrict their dollar access. …”

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