The memo<\/a>, obtained by Bloomberg, outlines the risks of expanding existing sanctions on Russia to include new sovereign debt and derivatives. The Treasury did not release the report publicly.<\/p>\n The memo warns that sanctions \u201ccould hinder the competitiveness of large US asset managers\u201d and have \u201cnegative spillover effects into global financial markets.\u201d This could lead to a \u201cRussian retaliation against US interests.\u201d<\/p>\n Read more<\/p>\n The report concludes that given the size of Russia\u2019s economy and its \u201cprevalence in global asset markets,\u201d the effects of sanctions would be damaging to the US. The Russian sovereign debt and derivatives market is one of the largest among emerging markets.<\/p>\n Congress had ordered the report on the impact of potential sanctions on Russian sovereign debt amid sweeping sanctions against Moscow passed last August. This was in response to alleged Russian interference in the 2016 US election.<\/p>\n On Tuesday, the US Treasury published its \u2018Kremlin\u2019s List,\u2019 featuring the entire Russian government among some 114 other top officials, as well as 96 prominent business figures. The list was strongly condemned by politicians in Moscow,<\/a> with Russian MP Irina Yarovaya likening<\/a> the step to the US opening \u201can \u2018economic Guantanamo\u2019 for global business.\u201d<\/p>\n If you like this story, share it with a friend!<\/em><\/strong><\/p>\n<\/div>\n Via RT<\/a>. This piece was reprinted by RINF Alternative News<\/a> with permission or license.<\/p>\n","protected":false},"excerpt":{"rendered":" The US Treasury has warned that imposing new sanctions on Russia\u2019s sovereign debt market could cause massive repercussions for the US, a new unclassified document warns. The memo, obtained by Bloomberg, outlines the risks of expanding existing sanctions on Russia to include new sovereign debt and derivatives. The Treasury did not release the report publicly. […]<\/p>\n","protected":false},"author":1,"featured_media":346538,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-346537","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/346537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=346537"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/346537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/346538"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=346537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=346537"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=346537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n ![\"\u00a9](\"https:\/\/cdni.rt.com\/files\/2018.01\/thumbnail\/5a70b1f5fc7e9360558b456e.jpg\")
\n <\/a>\n<\/div>\n