Biden aide blasts Moscow’s ‘Potemkin’ stock market reopening

A Biden administration official key to crafting sanctions on Russia blasted the Kremlin on Thursday as it partially reopened the Moscow stock exchange following a month’s hiatus.

Daleep Singh, deputy national security adviser for international economics, called the move “a charade” and “a Potemkin market opening.”

“After keeping its markets closed for nearly a month, Russia announced it will only allow 15% of listed shares to trade, foreigners are prohibited from selling their shares, and short selling in general has been banned,” Singh said in a statement released by the White House.

→ Continue reading at Politico

[ufc-fb-comments url=""]

Latest Articles

Related Articles