Ashford in Fortune: Banks are stopping Putin from tapping a $630 billion war chest Russia stockpiled before invading Ukraine

New Atlanticist Mar 13, 2023

The Fed’s tightening is a recipe for global volatility. Silicon Valley Bank’s collapse is just the start.

By Martin Mühleisen

In this volatile environment, it may take less than a historic shock to cause severe disruption. Governments and central banks around the world better be prepared.
Economy & Business Financial Regulation
Ashford in Fortune: Banks are stopping Putin from tapping a $630 billion war chest Russia stockpiled before invading Ukraine

UkraineAlert Feb 9, 2023

Countering Russian threats to global financial security

By Benton Coblentz

Russia and its proxies have long exploited the rules-based global financial system for their personal gain and in service of Moscow’s geopolitical strategy, but the invasion of Ukraine has sparked calls for counter measures.
Conflict Corruption
Ashford in Fortune: Banks are stopping Putin from tapping a $630 billion war chest Russia stockpiled before invading Ukraine

Econographics Jan 26, 2023

Global Sanctions Dashboard: How sanctions will further squeeze the Russian economy in 2023

By Charles Lichfield, Maia Nikoladze, and Castellum.AI

The effects of sanctions on the Russian economy; Venezuela’s pursuit of lifting energy sanctions; the plans for screening EU-US outbound investment going into China.
China Economic Sanctions

Content

In the News

Mar 3, 2022

Ashford in Fortune: Banks are stopping Putin from tapping a $630 billion war chest Russia stockpiled before invading Ukraine

By Atlantic Council

On March 3, Emma Ashford was quoted in Fortune on government reserves of foreign currency. “Foreign reserves are a government’s holdings of gold, foreign debt, and foreign currency, which is usually denominated in the world’s most popular coins—dollars, euros, pounds, yen, and yuan. Although a country can hold foreign reserves in its own banks, governments […]

Eastern Europe Economic Sanctions

In the News

Mar 3, 2022

CBDC tracker cited in CNBC

Read the full article here

China Cybersecurity

Econographics

Mar 1, 2022

A Report Card on China’s Central Bank Digital Currency: the e-CNY

By Ananya Kumar

China's CBDC, the e-CNY debuted at the world stage during the Olympic Games. Here's what we know so far.

China Cybersecurity

Report

Mar 1, 2022

Financial de-risking in the Caribbean: The US implications and what needs to be done

By Jason Marczak, Wazim Mowla

This report identifies how the withdrawal of correspondent banking relations, otherwise known as de-risking, affects Caribbean economies, people, and US-Caribbean relations.

Americas Caribbean

In the News

Feb 24, 2022

Friedlander quoted in Miami Herald on Russian illicit finance

Read the full article here.

Corruption Economic Sanctions

In the News

Feb 19, 2022

Outbound investment screening panel quoted in Politico

Read the full article here.

China Economy & Business

GeoTech Cues

Feb 9, 2022

The ecosystemization of Russia’s Big Tech

By Maxwell Kushnir

There is an increasingly visible phenomenon within Russia's Big Tech scene: the pursuit of horizontal monopolization of the internet, or 'ecosystemization.'

Digital Policy Financial Regulation

In the News

Feb 8, 2022

Frampton Quoted in Euractiv on Transatlantic Standard-Setting Cooperation
Energy Markets & Governance European Union

In the News

Feb 6, 2022

Global Sanctions Dashboard data visualization on “who sanctions Russia, and why” reproduced in Axios

Read the full article here.

Economic Sanctions Economy & Business

EconoGraphics

Feb 6, 2022

Global Sanctions Dashboard: Groundhog edition

By Julia Friedlander, Michael Albanese, Maia Nikoladze and Castellum.AI

Who sanctions Russia and why, Colombia’s narcotics trafficking, Iran’s balancing act, and Chinese military sanctions.

Belarus China
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Experts

Staff

Lize de Kruijf

Project Assistant, Economic Statecraft Initiative

Economic Statecraft Initiative GeoEconomics Center

Dutch Economic Sanctions

European Leadership Accelerator Participant

Kipkorir Koskei

2025 European Leadership Accelerator participant

Millennium Leadership Program

Africa Energy Markets & Governance

Fellow

Danuta Hübner

Distinguished Fellow

Europe Center

Democratic Transitions Economy & Business

Fellow

Jesse Sucher

Nonresident Senior Fellow

Economic Statecraft Initiative GeoEconomics Center

China East Asia

Advisory Council member

Leticia Ossa Daza

Member, Adrienne Arsht Latin America Center Advisory Council

Adrienne Arsht Latin America Center

Americas Colombia

Fellow

Sarah Bauerle Danzman

Resident Senior Fellow

Economic Statecraft Initiative GeoEconomics Center

Economy & Business Financial Regulation
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Events

Flagship Event Tue, September 30, 2025 • 9:00 am ET

2025 Transatlantic Forum on GeoEconomics

The Transatlantic Forum on GeoEconomics is an annual conference convening economic and financial leaders from both sides of the Atlantic.
Digital Policy Economy & Business Europe & Eurasia European Union