In The News

Russia Eyes Sanctions Workarounds in Energy, Gold, Crypto

AP News

01 Mar 2022

John Smith spoke to AP News about the harsh economic sanctions imposed on Russia for its invasion of Ukraine, which has the Kremlin scrambling to keep the economy running.

Right now, “the biggest two avenues that Russia has are China and energy,” John said, adding that while Russia is likely to turn closer to China to make up for lost supplies of good and services it normally would get from the West, “they’re also betting that their enormous energy supplies will continue to be in demand, particularly during this cold winter. There’s significantly more profit to be made from their energy if they can get it to market.”

Read the full article.

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.