OGZPY - Crimea Punishment Does Little To Deter Russian Economy
Interactive Brokers - Emerging Markets: The Week Ahead (Mar 4 - 8)
The Russian Federation has been recently enjoying a bout of positive economic momentum, with its sovereign credit profile bolstered by improvements in the country’s ability to withstand certain external shocks.
Since 2014, the U.S., the European Union, and certain other countries, introduced a series of sanctions against Russia and some of its domestic corporations, including energy giant Gazprom (OTC: OGZPY) and state-owned Gazprombank, in response to Russia’s military intervention in Ukraine and annexation of Crimea.
Among a long list of other actions, U.S.