Bloomberg reports: "Russia Said to Weigh Capital Controls If Net Outflows Intensify"
"Russia’s central bank is weighing the introduction of temporary capital controls if the flow of money out of the country intensifies, according to two officials with direct knowledge of the discussions.
Such measures would be preventative and used only if net outflows rise significantly, the people said, who asked not to be identified because no decision has been made. They didn’t give a timeline or a level that may force such a move, saying they are looking at all possible scenarios."
Read it all here.
Welcome to the newly launched Power Vertical Feed, a perpetual slow live blog on Russian affairs.
In this space, I will continually and regularly comment on events in Russia, repost content and tweets I find interesting and informative, and shamelessly promote myself (and others, whose work I like).
This new product is part of a larger redesign on the Power Vertical page. The traditional Power Vertical Blog remains for larger and more developed items. The Podcast, of course, will continue to appear every Friday.
I hope you find the new Power Vertical Feed to be a useful resource and welcome your feedback.
-- Brian Whitmore