Three major consequences of the Ukraine conflict
Wednesday 9 March 2022 – Vol.13 Ed.10.3
Commentary: Reserves freeze sends shivers through Moscow
By Shahin Vallée in Berlin
Europe’s reluctance to agree Swift-based sanctions free from exclusions has brought a far stronger policy response: freezing the assets of Russia’s central bank. The private financial system is therefore not fully isolated from the global payments system allowing at least energy-related transactions to be settled, but the official assets of the central bank held abroad have been frozen. This could have long-term consequences.
Read the full commentary on the website.
Meeting: China series forum: examining the UD and Chinese economies
Thursday 10 March 13:00-14:30 GMT
With the world’s two largest economies entering a key period of change, OMFIF and China Construction Bank New York are convening two panels to discuss the changing shape of monetary and fiscal policy within the superpowers. Covering macroeconomic and financial trends, monetary and fiscal policy as well more specific regional challenges, the two sessions aim to give investors insight into complex markets at a time of flux.
Register to attend here.
