Has the geopolitical crisis in Ukraine made Russia a no go zone for Western investors? Timothy Ash is head of emerging market research (excluding Africa) at Standard Bank, says Yes. As the West continues to shy away from Iran-style sanctions, which would ban secondary trading in debt and equity and thereby lock investors in positions, Russia is still technically investible. But it is a binary call on the country now [...]
Are tougher sanctions the best way to tackle Putin’s Russia? Timothy Ash, head of emerging market research (ex Africa) at Standard Bank, says Yes. Sanctions have already had an effect, by preventing a broader Russian incursion into Ukraine. Russia did not expect them, and the measures made it bide time to assess their impact. Crucially, this gave the new Ukrainian government time to regroup, and [...]
