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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessUS, UK Impose New Sanctions, Still No Agreement At From EU
White House releases a statement on the latest round of sanctions to be imposed on Russia. US actions include: 'Full blocking sanctions on Russia’s largest financial institution, Sberbank, and Russia’s largest private bank, Alfa Bank', 'prohibition on new investment in Russia by U.S. persons wherever located', Full blocking sanctions on critical major Russian state-owned enterprises', and 'Full blocking sanctions on Russian elites and their family members,'
- Statement: https://www.whitehouse.gov/briefing-room/statement...
- Scott Beasley at Sky News tweets: "UK new sanctions on Russia: Full asset freeze on biggest Russian bank Sberbank & Credit Bank of Moscow, Ban on all new outward investment to Russia, ‘End all dependency on Russian coal & oil’ by end of 2022 - end imports of gas ‘soon as possible thereafter’, Ban export of oil refining equipment and products to Russia, Ban on imports of iron and steel products from Russia, 8 more oligarchs targeted - mainly in energy, mining, wider industry and banking"
- Reuters reporting that there is still no agreement at the EU level on sanctions. "EU diplomats fail to approve Russian coal ban, new package of Russia sanctions due to technical issues Reuters reported citing sources." Does say, though, that "New meeting of EU diplomats expected to find compromise on Russia sanctions on Thursday"
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.