Russia Eyes Sanctions Workarounds In Energy, Gold, Crypto

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Morrison & Foerster LLP
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Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
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.
Worldwide International Law
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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.

Originally published by AP News

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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Russia Eyes Sanctions Workarounds In Energy, Gold, Crypto

Worldwide International Law
Contributor
Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
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