US takes aim at financial institutions with new Russia sanctions authority
Friday, 22 December 2023 US president Biden to sign executive order allowing sanctions on financial institutions aiding Russia's evasion; order also bans products from Russia processed in third countries, including seafood and diamonds; Treasury Secretary Yellen states that the new tools will be used against Russia's war machine; senior officials warn financial institutions to stop supplying Russian defense sector or face sanctions; US, EU, and UK have imposed sanctions on Russia since the Ukraine invasion; new order targets networks and front companies that aid in sanctions evasion; provisions take effect immediately after signing.
Seizure of Frozen Assets , Could Sever Diplomatic Ties , Between Russia and the US.
'Newsweek' reports that diplomatic relations
between the United States and Russia
could be headed toward a major escalation. .
'Newsweek' reports that diplomatic relations
between the United States and...
An attack in Belgorod, Russia, attributed to Ukraine, killed 21 and injured 111. Following Ukrainian air raids on Russia's border regions, 41 died. Belgorod, a strategic base for Russian operations..
More than a year after Russiaβs invasion of Ukraine, the old East-West conflict between NATO and Russia has flared up again in full force β not least because of the Westβs massive arms deliveries..
The European Union agreed on Monday to slap Russia with a fresh round of sanctions that includes the long-awaited ban on diamonds, a valuable revenue stream for the Kremlin that has until now remained..
Credit: euronews (in English) Duration: 02:06Published
Friday, 22 December 2023
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