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24
March
2014

Connecticut Could Feel Effects Of Possible Russian Sanctions

Connecticut Could Feel Effects Of Possible Russian Sanctions

On the negative side, aerospace firms like United Technologies could face higher prices on commodities, especially titanium, because Russia is one of the largest producers of the metal. And if natural gas exports were curtailed from Russia to Europe, that too would increase costs for company operations there. “Its economy is mostly a gas station and a mine,” Richard Aboulafia, an aerospace analyst with the Teal Group based in Fairfax, Va., said of Russia.

Tags Crimea, Russia, Sanctions, Ukraine, United Technologies Media Outlet: Hartford Courant Categories: Teal Group In The Media, Richard L. Aboulafia

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