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Hendrik du Toit: Russia sanctions could prove an ‘expensive decision’ for the West
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fnlondon.comHendrik du Toit, one of the City’s longest-serving fund management chief executives, has warned that “weaponising finance” to punish Russia for its invasion of Ukraine could prove an “expensive decision” — one that could eventually give rise to a more fragmented financial system.
Du Toit, who is CEO of Ninety One, said while it was right that the Kremlin was feeling pressure from the West to stop its brutal war in Ukraine, measures designed to cripple Russia financially could have far reaching economic consequences in the...
Read more on fnlondon.comAbout this in other media
Binance Bans These Kremlin-Linked Users as Russia Keeps Killing Ukrainians and Sanctions Mount cryptonews.com /1 year ago
American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions cryptonews.com /2 years ago
UK gave sanctioned Russians ‘golden visas’ after first Ukraine invasion theguardian.com /2 years ago
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