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Obviously, the sanctions are taking a toll on Russias economy. These sanctions make it complicated for Russia to transfer the funds, but also for foreign
Obviously, the sanctions are taking a toll on
Russias economy. These sanctions make it
complicated for Russia to transfer the funds, but
also for foreign investors to receive them. The
U.S. Office of Foreign Assets Control (OFAC)
issued a directive on March 2, 2022 which
authorized transactions for U.S. persons with
regards to "the receipt of interest, dividend, or
maturity payments in connection with debt or
equity" issued by Russias finance ministry,
central bank or national wealth fund. However,
that exemption ran out on May 25 when Russia
paid $2 billion on its external sovereign bonds
Do you think investors will have a hard time to
?recoup the money Russia owes them
your answer should be with references
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