The New York Times reporting that:
- Obama actions restrict Russian access to US debt markets
new American actions will bar affected Russian companies from the American debt markets for loans over 90 days, meaning that they will still be able to conduct day-in, day-out business with overnight loans but will find it harder to finance medium and long term activity, officials said.
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Also, over the Bloomberg now:
- US expands sanctions against Russia
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And, more, this via Reuters:
- US imposes new sanctions on Russian banks Gazprombank, Vnesheconombank
- New US sanctions also include Novatek, Rosneft Oil Company, other Russian energy, defense companies and senior officials
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OK – here’s the NYT article in full: Obama Widens Sanctions Against Russia
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This should be a positive input for the euro.
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Earlier: Will markets move on the next round of Russian sanctions?
