Episode 639 • • 2:00:29 - 2:05:10
639: Tangible Things
Russian Sanctions, EU Loopholes, and 90-Day Debt
Analyst Doug Herbert explains the "loopholes" in the new sanctions against Russia, noting that the French Mistral warship contract and the entire Russian gas industry are exempt. The hosts examine a White House transcript revealing that sanctions on Russian banks only apply to debt financing over 90 days, allowing short-term business to continue.