Macro Monthly November 2018
Summary:
Sanctions reprieve, not a pardon. It is now most unlikely that Russia will face any major new sanctions from the US before year-end. Congress has more pressing priorities and the absence of any election interference allegations reduces the urgency. But key senators have made clear that there will be new legislation introduced in 2019 and they will press for more oligarchs and Russian enterprises to be added to the SDN list.
