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Showing posts with label Purchases. Show all posts
Showing posts with label Purchases. Show all posts

6/7/22

Russia Debt: US Treasury says all buying of Russian debt and equity banned under sanctions

The US Treasury Department has advised US money managers that Washington’s sanctions on Moscow bar any secondary market purchases of debt or stocks...

The Treasury’s guidance published yesterday said executive orders imposing sanctions on Russia “prohibit US persons from purchasing both new and existing debt and equity securities issued by an entity in the Russian Federation.”“Consistent with our goal to deny Russia the financial resources it needs to continue its brutal war against Ukraine, Treasury has made clear that US persons are prohibited from making new investments in the success of Russia, including through purchases on the secondary market,” a Treasury spokesperson said.

Read more at: US Treasury says all buying of Russian debt and equity banned under sanctions - Russia Debt

10/31/20

US Housing Market: The great divergence: U.S. COVID-19 economy has delivered luxury houses for some, evictions for others - by Michelle Conlin

Professionals like Kullman are thriving, thanks in part to pandemic-induced policies by the Federal Reserve that have buoyed the stock market and fueled industries such as real estate with record-low interest rates.

For many lower-wage workers, meanwhile, the crisis has delivered a cruel shove, toppling families like the McGees who were already living on the financial edge. Nationwide, millions of people including hotel workers, retail clerks, waiters, bartenders, airline employees and other service workers have lost jobs as COVID-19 fears crushed consumer demand.

Read more at: The great divergence: U.S. COVID-19 economy has delivered luxury houses for some, evictions for others | Reuters

9/6/17

Turkey: Possible Turkish Arms Buy from Russia Troubles NATO, US - by Michael Friedson

Although there are many security experts in a number of Western capitals who don’t believe a major arms sale by Russia to Turkey will ever materialize, whether it’s more message or not, it’s troubling.

The message is the ongoing negotiations for Ankara to buy sophisticated weapons including the S-400 air defense system from the Russians – a stark missive telling NATO, the United States and anyone else concerned that there are other sources of weapons available to Turkey besides NATO countries.

The reaction by the US military was a tepid and unconvincing comment from the Pentagon suggesting “it’s a good idea” for NATO allies to buy equipment that usable by all of its members, according to the French news agency AFP. Meanwhile, for the moment, Turkey and Russia are both seen as wanting to be seen at the negotiating table rather than unloading arms shipments

Read Possible Turkish Arms Buy from Russia Troubles NATO, US - The Media Line