Wednesday April 8, 2020

Russian stock rebound likely to be shortlived, say analysts

The rebound in Russian stocks will prove short-lived as President Vladimir Putin faces stiffer sanctions as he moves toward annexing Crimea, according to a number of analysts.

18th March, 2014
President Vladimir Putin may face stiffer sanctions.

The rebound in Russian stocks will prove short-lived as President Vladimir Putin faces stiffer sanctions as he moves toward annexing Crimea, according to a number of analysts.

The European Union and the US announced sanctions targeting Russian officials, and President Barack Obama warned the nation will face more penalties if it doesn’t pull back from Crimea. Putin is scheduled to address lawmakers today after more than 96 per cent of voters in Crimea backed joining...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago