Muted reaction to Russian sanctions, US withholds local debt option

AdobeStock_Russia_sanctions_575x375_01Feb2021
By Mariam Meskin
04 Mar 2021

The US this week confirmed it would follow the EU and sanction certain Russian individuals in connection with the poisoning of prominent opposition leader and Kremlin critic Alexei Navalny. The announcements did not move markets, and are a far cry from the worst-case scenario some had feared.

The US sanctions were confirmed on Tuesday to target a small group of Russian law enforcement figures who are believed to be connected to the poisoning of Navalny.

They follow similar sanction designations from the EU, which were first placed last October and the most recent of which were ...

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