U.S. Sanctions Said to Spook Russia Banks Funding Arms Buys
The new U.S. sanctions law threatens to cut off a vital channel for Russias funding of its massive defense buildup, according to four people familiar with the situation.
Officials in the government and state banks -- Sberbank PJSC and VTB Bank PJSC are the biggest players -- are looking for ways to get around the restrictions or minimize their impact on the funding, these people said, speaking on condition of anonymi ...
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