The US crackdown on trade finance for Russia from international banks – designed to impede imports needed for the continuing assault on Ukraine – is biting hard, reports the FT, quoting an investor who thinks ‘the logical endpoint of this is turning Russia into Iran’. Quite right too: sanctions like these are a vital non-military way to hobble Vladimir Putin’s campaign.
Already a subscriber? Log in
Get 3 months of digital access, absolutely free
Subscribe to The Spectator Australia today to get the next 3 months of unlimited website and app access for free.
- Full access to spectator.com.au and spectator.co.uk
- The Spectator Australia app, on Apple and Android
- Podcasts and newsletters, including Morning Double Shot
- Our archive, going back to 1828
Or
Unlock this article
You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.
Comments
Get 3 months of digital access, absolutely free
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
CLAIM OFFER 3 months freeAlready a subscriber? Log in