- Aug 4, 2009
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- 2,615
Now we know Republicans consider any action short of invasion to be "weak" but the tough Obama sanctions against Russia are having an impact
The Russian ruble s collapse shows the power of U.S. sanctions - The Week
The impact of the sanctions, though, has been cumulative and significant. Investors are concerned that they can't make money by investing in Russia, and are also worried that Putin's government might start taking steps to lock up their funds within the Russian Federation. As a result, even before the Bloomberg report on Tuesday, Russia was expected to lose between $100 and $120 billion in capital this year purely due to investors fleeing the country.
The Russian ruble s collapse shows the power of U.S. sanctions - The Week
The impact of the sanctions, though, has been cumulative and significant. Investors are concerned that they can't make money by investing in Russia, and are also worried that Putin's government might start taking steps to lock up their funds within the Russian Federation. As a result, even before the Bloomberg report on Tuesday, Russia was expected to lose between $100 and $120 billion in capital this year purely due to investors fleeing the country.