The US has also adopted sanctions against Belarus for enabling Russia’s invasion of Ukraine. Effective 2 March 2022, BIS hasimposeda policy of denial on sensitive items that support Belarus’s defence, aerospace, and maritime industries and has added Belarus to the two new FDP rules on Russia...
Since the Crimean crisis, the US has continuously tightened financial sanctions on Russia. In the short term, this doesn't appear to be working very effectively, but in the long run, it has indeed had an irreversible impact on the Russian economy. Though the US has repeatedly upgraded its ...
Greene:There are three types of sanctions that I think will hurt Russia the most. One isn't directly hitting the financial system, but it's a blanket ban on exports of technology. That can be difficult to implement, but in theory, it really hits at the sectors that Russia cares a lot ...
The U.S. government imposed roughly 600 new sanctions on Russia and its war machine in the largest single round of penalties since Russia's invasion of Ukraine on Feb. 24, 2022. The EU, for its part, added sanctions on several foreign companies over allegations that they have exported dual...
The endless parade of Western sanctions on Russia barely makes the news anymore. But this week the US Treasury did manage to conjure up something that has generated attention. In what may be the most ambitious package since the initial wave back in February 2022, the American authorities greatly...
Authored by our Global Sanctions, Export Controls and Customs Teams On 28 February 2022, the US imposed sanctions prohibiting transactions involving Russia's Central Bank and blocking Russia's Direct Investment Fund. In addition, the US issued implementi
The U.S. has reportedly imposed sanctions on Russian tanker major Sovcomflot as Washington sought to lower Russian revenue from oil sales it can use for supporting the invasion of Ukraine, the Treasury Department mentioned on Friday. Russia is among the world’s top oil exporters, and the ...
After sanctions were imposed on Russia following military action in Ukraine, one of the named individuals was Vladimir Kiriyenko, a Putin ally who runs the VK social network.
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Updated on: February 25, 2022 / 7:24 AM EST / CBS News Washington — President Biden announced a slew of new sanctions taking aim at Russia's financial and technological sectors on Thursday in retaliation for the Kremlin's attack on Ukraine, vowing to cut off Russia's access to high-...