New Russian Sanctions Stir Tension

HFA Padded
Mark Melin
Published on
Updated on

The US Treasury Department overnight published a new list of both Russian individuals and firms sanctioned for their involvement in the Ukrainian-Russian conflict. More Russian companies added to the list of Russian Sanctions “The US government has now added more Russian companies to the list of sanctions, among them major energy companies such as Rosneft' NK OAO (MCX:ROSN) (OTCMKTS:RNFTF) and several Russian banks,” observed lars Christensen, chief analyst at Copenhagen-based Danske Bank A/S (CPH:DANSKE) (OTCMKTS:DNSKY). Added to the official sanction list are five individuals and fifteen entities.  Included on this list is Oleg Savelyev, Russia’s Minister of Crimean Affairs, Igor Shchegolev,...

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.