US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
- The United States expanded sanctions against Russia while G7 leaders prepared for a summit in Italy focused on backing Ukraine and weakening Russia's military.
- The latest sanctions targeted Chinese companies aiding Russia in Ukraine and raised consequences for foreign financial institutions connected to sanctioned Russian entities.
- Over 300 new sanctions aimed to deter individuals and companies from China, the United Arab Emirates, and Turkey from assisting Russia in bypassing Western technology bans.
88 Articles
88 Articles
Ukraine war: US unveils new sanctions targeting Russia, Moscow vows 'aggressive' respond
The United States on Wednesday (Jun 12) announced a new wave of sanctions amid the ongoing war against Ukraine. The sanctions are aimed at restricting Russia's financial system and its access to products and services needed to sustain military production. More than 300 targets are on the list, including the Moscow Exchange. The list of sanctions mentioned third-party firms and entities, including dozens of suppliers of electronics in China, the…
Ukraine war: USA presents new sanctions against Russia ahead of G7 summit
The USA is punishing other actors in the Russian war of aggression — including Chinese companies. Meanwhile, at the summit in Italy, the G7 want to find a solution as to how frozen Russian money could benefit Ukraine.
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