“If fiscal expenses remain at their January levels throughout the remainder of the year, the NWF reserves could vanish in just three months. And even if they don’t — as is more likely — 2025 is probably the last year Moscow will be able to fully cover its fiscal deficit by tapping into those savings.”

  • wewbull@feddit.uk
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    5 hours ago

    That’s a really important question.

    Financial sanctions are administer by the department of the treasury, and export sanctions are under the department of commerce, both of which are executive departments.

    So yes.