5min chapter

Forward Guidance cover image

The Central Bank Of Russia Is On The Defensive with Joseph Wang & Frances Coppola

Forward Guidance

CHAPTER

The US Treasury Is Teaching Russian Banks How to Make Energy Transactions With Sanctioned Banks

The US Treasury has provided a neat little explanation of how you can do it, complete with flow charts. It's all to do with the carve outs from the sanctions that we've been talking about. So as long as you've got a third country, a non-US non-sanctioned bank between you and your course book,. they can transact energy transactions. The messaging has been quite clear that energy sanctions are off the table for now.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode