from Hacker News

US goverment sanctions Moscow Stock Exchange

by secondary_op on 6/12/24, 5:04 PM with 4 comments

  • by woodruffw on 6/12/24, 8:34 PM

    Mostly tangential: one of the sanctioned entities is the National Clearing Center, or NCC. I assume that means that "NCC" will be added to the SDN list, which is going to probably cause an large number of headaches for the legal and invoicing departments of the other NCC[1].

    [1]: https://www.nccgroup.com/us/

  • by consumer451 on 6/12/24, 8:38 PM

    In related news today:

    "Russia, hit by new US sanctions, halts dollar and euro trade on main bourse"

    https://news.ycombinator.com/item?id=40662013

    Tangentially:

    "G7 Leaders Agree To Unblock $50 Bn For Ukraine By End Of 2024: France"

    https://www.barrons.com/news/g7-leaders-agree-to-unblock-50-...

  • by ein0p on 6/12/24, 8:19 PM

    Wouldn’t that just reduce demand for the dollar though?

  • by tharmas on 6/13/24, 5:12 PM

    Western leaders have totally lost their minds. The Gaza War proves it. It's like August 1914 all over again.

    Britain is a Vassal state of the USA. American Private Equity owns practically everything there. EU seems hell bent on joining them in Vassalage.