The sanctions imposed on Russia in response to its war on Ukraine are highly complex and rapidly escalating. Sanctions have become the “go-to” tool of foreign and national security policy and are now being utilized in unprecedented ways, with the direct and collateral economic impact not yet fully known.
Hughes Hubbard & Reed LLP and Kroll hosted a fireside chat on June 28 with Megan Greene, Kroll's Global Chief Economist, and Ryan Fayhee, partner at Hughes Hubbard & Reed LLP. This session discussed the current state of play, what to expect in the future from a regulatory standpoint and the macroeconomic implications of sanctions outside of Russia and Ukraine, including supply chain issues related to energy, semiconductors, battery inputs, food and fertilizer.