Bloomberg: US wants to increase fines for companies violating export sanctions against Russia

17 May 2022, 12:32 | Economy 
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The US authorities intend to revise the fines for companies that violate restrictions on the export of products to countries such as Russia and China, upward. This was reported by Bloomberg with reference to Assistant Secretary for Export Regulation of the Bureau of Industry and Security at the US Department of Commerce Matthew Axelrod..

He elaborated that potential changes include increased fines for firms that break the rules and the ability to release charges earlier "

In addition, requirements are being considered for companies that are involved in the settlement of the case before the trial in order to avoid harsher penalties..

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Earlier it was reported that analysts believe that there are three scenarios for the collapse of the Russian economy due to sanctions..

Also, S\u0026P analysts gave 10 years to restore the Russian economy to the level of 2021. The company predicts a contraction of GDP this year by 11.1%. They predict that by 2023 the fall will slow down to 1.9%, and in a year - to 1.6%. But by 2026, the aggressor's GDP will again increase by 1.9%.

Источник: Зеркало недели