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Jul
17

U.S. over-reaches with sanctions on Russian energy firms- John Kemp (Reuters)

Targeting major Russian energy firms may come to be seen as the turning point at which U.S.sanctions policy over-reached...
 
The United States can make extensive use of financial sanctions to pursue foreign-policy goals, or it can remain the world's dominant financial and payments centre, but it probably cannot do both.
 
(John Kemp is a Reuters market analyst. The views expressed are his own)
 
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