2 years ago
The U.S., European Union and U.K. are each adding Russian President Vladimir Putin to their respective sanctions lists successful effect to Russia's penetration of Ukraine.
Calling the determination "a uncommon step," White House Press Secretary Jen Psaki said during a briefing connected Friday that it would people Putin's finances, arsenic good arsenic barroom him from question to the U.S. This is the 3rd tranche of sanctions announced against Russia since it began invading Ukraine earlier this week.
"Following a tv telephone speech President [Joe] Biden held with European Commission President Ursula von der Leyen and successful alignment with the determination by our European allies, the United States volition articulation them successful sanctioning President Putin and Foreign Minister [Sergei] Lavrov and members of the Russian nationalist information team. I expect we'll person much circumstantial details retired aboriginal this afternoon," Psaki said.
Psaki demurred erstwhile asked astir details, saying those would beryllium discussed erstwhile the sanctions are formally unveiled. She did accidental that the U.S.' sanctions are successful enactment with akin efforts made by the European Commission.
A Treasury Department press release published aboriginal said immoderate spot belonging to a sanctioned idiosyncratic that is held wrong the U.S. would beryllium seized, but did not specify if immoderate specified spot had already been identified.
"We are moving successful adjacent coordination and lockstep with our European counterparts ... The shared anticipation is they volition person important economical and fiscal consequences," Psaki said.
Psaki aboriginal announced connected Twitter the Treasury Department would besides adhd sanctions against the Russian Direct Investment Fund, Russia's de facto sovereign wealthiness fund.
The U.S. has already added respective of Russia's largest banks to its sanctions list, seizing assets held successful the U.S. and blocking these institutions from interacting with the U.S. fiscal sector. Reciprocating sanctions enacted by the U.K. and EU volition enforce akin bans.
These countries person besides announced they volition prehend assets belonging to individuals with adjacent ties to the Russian president.
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Nikhilesh De is CoinDesk's managing exertion for planetary argumentation and regulation. He owns marginal amounts of bitcoin and ether.
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