Funny Banks and Failed Sanctions

Explore the unexpected twists as Western Banks in Russia outmaneuver sanctions in surprising ways! In this discussion, we dive into how major institutions like Raiffeisen Bank International and UniCredit paid €800 Million in Taxes despite stringent economic sanctions. Meticulous Financial Times Analysis backs these revelations. Watch as we unveil the ironies where, amid economic turmoil, these banks not only sustained but significantly enhanced their profitability, marked by a Profitability Jump and substantial Tax Contributions to the Russian government. We examine the startling Gazprom Net Loss, detailing a staggering $6.7 Billion Loss and Gazprom’s strategic pivot to Asia via the Power of Siberia Pipeline aimed at replacing the EU market. We also cover the outcomes of the UniCredit Lawsuit and the UK Supreme Court Decision concerning Counter-guarantees Recovery, including the efforts for a €175 Million Recovery. Our discussion extends to how Russian Business Reorientation under sanctions parad