Mr. Biden said the United States would cut off Russia’s largest banks and largest companies from the western financial markets, freeze assets of Russian elites and restrict exports of technology to Russia.
Tag: Embargoes and Sanctions
Ukraine Crisis: What Happens Next for the Rest of the World?
Europe faces a new refugee crisis, and harsh economic penalties to punish Russia are expected to reverberate worldwide.
EU Considering Omitting Putin for Now as it Weighs New Russia Sanctions
Some members, including Germany, advocated not including him so that dialogue was still possible with Russia’s top leadership.
Biden Plans to Announce ‘Severe Sanctions’ Against Russia Today
Mr. Biden vowed to punish Moscow for “a premeditated war that will bring a catastrophic loss of life and human suffering.”
New U.S. Sanctions Target Russian Company Behind Nord Stream 2
The move by President Biden came as administration officials warned that a Russian military assault on Ukraine could be imminent.
White House Prepares Curbs on Russia’s Access to U.S. Technology
Biden administration officials have warned Russia that it could face further restrictions on technology that is critical to its economy and military.
European Sanctions Target Putin’s Inner Circle
The measures, coinciding with new U.S. moves, were designed to hurt individuals but not average Russians. But more will follow if Russia fully invades Ukraine.
Can Sanctions Work?
Yes, but they often don’t.
China Criticizes Sanctions Against Russia as Ineffective
Beijing said the penalties could hurt average people and its own interests.
How Sanctions on Russia Could Affect Champions League and Top Soccer Clubs
The most vocal opposition has come from Britain, which could supply one or both of the final’s participants.