UK announces new Russia sanctions: Immediate asset freeze on all major Russian banks

UK PM Boris Johnson announced a raft of new sanctions against Russia in the UK parliament:

  • UK to impose an asset freeze against all major Russian banks, including an immediate asset freeze against VTB. 
  • UK to bring in legislation to prohibit the Russian state from raising sovereign debt. 
  • UK on Tuesday to bring in legislation to prohibit all major Russian companies from raising finance of UK markets. 
  • UK to introduce legislation to limit deposits that Russian nationals can hold in UK bank accounts. 
  • UK will look to extend the full range of sanctions measures against Belarus.
  • UK to sanction over 100 individuals, entities and subsidiaries.
  • UK to ban aeroflot aircraft from landing in the UK. 
  • UK to immediately suspend or prohibit all dual-use export licenses to Russia. 
  • UK to lay legislation to prohibit a wide range of high tech exports to Russia, plus exports to the extractive industry. 

On SWIFT, Johnson said that nothing is off of the table. 

Fed's Mester: Unfolding situation in Ukraine will be a consideration in determining pace of tightening

Cleveland Fed President and FOMC member Loretta Mester on Thursday said that the unfolding situation in Ukraine would be a consideration for the Fed w
Leer más Previous

United States 4-Week Bill Auction dipped from previous 0.08% to 0.05%

United States 4-Week Bill Auction dipped from previous 0.08% to 0.05%
Leer más Next