U.S. Targets Former Russian Finance Minister Kudrin In New Sanctions Package
Portfolio Pulse from Happy Mohamed
The U.S. has targeted former Russian Finance Minister Kudrin in a new sanctions package, according to Reuters citing the Treasury website.
July 20, 2023 | 2:22 pm
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NEGATIVE IMPACT
The new sanctions on Russia could potentially impact the SPY ETF, which tracks the S&P 500 and includes companies with exposure to Russia.
The new sanctions could potentially lead to a decrease in the value of Russian assets, which could indirectly impact the value of the SPY ETF. This is because the ETF includes companies that have exposure to Russia.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The new sanctions on Russia could potentially impact the VGK ETF, which tracks the performance of the European stock market and includes companies with exposure to Russia.
The new sanctions could potentially lead to a decrease in the value of Russian assets, which could indirectly impact the value of the VGK ETF. This is because the ETF includes companies that have exposure to Russia.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50