New US sanctions hit Putin’s daughters

With the exception of the Russian leader’s family, the new round of sanctions also includes a freeze on assets in two of the country’s banks. However, the energy sector remains unaffected. The new round of sanctions imposed by the United States against Russia on Wednesday (06/04) now affects the daughters of Russian President Vladimir Putin and other family members of the Moscow government. US President Joe Biden has reiterated his condemnation of military action in Ukraine, calling it “atrocities.” In addition to the Russian president’s daughters Maria Vorontsova, 36, and Katarina Dikonova, 35, the financial sentences announced by the Biden government include the wife and daughter of the country’s foreign minister Sergei Lavrov and former president and first – minister Dmitry Medvedev. These measures block access to the U.S. organization and freeze assets in the United States. The new sanctions also target Sberbank, which owns a third of Russia’s total bank assets, and Alfabank, the country’s fourth-largest financial institution. In this way, the US government will prevent the transfer of assets through the US financial system, thus preventing Americans from doing business with these companies. “Today, along with our allies and partners, we are announcing a new round of catastrophic sanctions. I have made it clear that Russia will pay a heavy and immediate price for its atrocities in Pucha,” Biden said in a Twitter message. The city where hundreds of civilians were killed was recaptured by the Ukrainian army. Banks Sberbank and Alfabank have stated that sanctions will not have a significant impact on their operations. The White House announced that Biden would “sign an order banning new investment in Russia wherever Americans are, which would further isolate Russia from the world economy.” That includes venture capital and connections, officials said. The U.S. Treasury Department will issue additional sanctions directly against Russian state-owned enterprises. The energy sector was further impacted by the heels of the Americans, the United Kingdom also said it would freeze Sberbank assets, and said Russia would ban coal imports by the end of this year, along with a series of sanctions coordinated with the United States and other allies. “Do not ignite Putin’s war.” Russia is the main supplier of coal to the UK, although British demand for fossil fuels has fallen over the past decade. The UK has already announced plans to phase out Russian oil, which accounts for 8% of the country’s supply. However, so far, the country has not stopped importing Russian natural gas, which accounts for 4% of supply. He said he would do so “as soon as possible.” Images of dead civilians, mass graves and other atrocities committed by the Russian military in the Ukrainian city of Pucha have shocked the world since last weekend. Pressure on Strong Sanctions Sanctions on Russia through embargoes on sanctions In countries such as Germany, which is heavily dependent on Russian gas, as in the United States and Lithuania have already decided to block Russia’s natural gas exports, EU foreign affairs chief Joseph Borel said energy would be key to Putin’s war. He said that due to the inflation created during the conflict, Russia has benefited from the possibility of selling natural gas and oil to other parts of the world. We paid you 35 billion euros. Compare that with the billion we provided arms to Ukraine, “said Borel. According to Daniel Fried, a former foreign affairs coordinator under Barack Obama, the recent sanctions” essentially make Sberbank untouchable. ” Brian Dees, director of the White House Economic Council, told Reuters that the figure could reach% (Reuters, AB)

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