I don't know about you all, but I'm enjoying all this tension with Russia. I like my Russia loud, loaded and resentful of America. Bring on Cold War 2.0, I say!
Of course there are drawbacks to strained relations with the Russkies. Like deportations! Jason Corcoran and Henry Meyer of Bloomberg report that 1,000+ executives from outside of Russia have had their visas revoked for "committing two or more 'administrative violations' " since last year. And wouldn't you know, even capital market servants have been affected:
One of the people caught up in the crackdown is Quentin O’Toole, Deloitte & Touche LLP’s local chief operating officer. When the New Zealander tried to return to Moscow from a trip abroad in December, he was detained at the airport and held in a cell overnight before being deported, according to two people familiar with the matter. The reason: speeding tickets.O’Toole didn’t even commit the offenses — his wife did, while driving a car registered in his name, the people said, asking not to be identified because the information is private. Moscow’s automated traffic cameras issue tickets by license plate, rather than by driver. It took Deloitte’s lawyers six weeks to get O’Toole’s visa reinstated. O’Toole and Deloitte both declined to comment.