US Announces , New Round
of Sanctions , on Russia.
Fox News reports that the United States is hitting Russia
with a fresh round of sanctions aimed at undermining the country's ability to continue its war on Ukraine.
Fox News reports that the United States is hitting Russia
with a fresh round of sanctions aimed at undermining the country's ability to continue its war on Ukraine.
The U.S. Treasury Department announced
the new sanctions on Feb. 24, which include Russia's metals and mining sector. .
G7 partners and other allies aim to hinder Russia's access
to the funds, resources and technology that its
military relies on to sustain its invasion of Ukraine.
G7 partners and other allies aim to hinder Russia's access
to the funds, resources and technology that its
military relies on to sustain its invasion of Ukraine.
Fox News reports that the sanctions
target over 200 individuals
and entities linked to Russia. .
The sanctions apply to producers of
carbon fiber, a crucial material for
the production of defense systems.
Also targeted by the new sanctions is Russia's technology
and electronics sectors, specifically producers and
importers of specialized or high-tech equipment.
As the Ukrainian people continue to valiantly
defend their homeland and their freedom,
the United States is proud to support
Ukraine through economic, security,
and humanitarian assistance, Janet L. Yellen, Secretary of the Treasury, via Fox News.
Over the past year, we have taken actions
with a historic coalition of international
partners to degrade Russia’s
military-industrial complex and reduce
the revenues that it uses to fund its war. , Janet L. Yellen, Secretary of the Treasury, via Fox News.
Our sanctions have had both short-term
and long-term impact, seen acutely in
Russia’s struggle to replenish its
weapons and in its isolated economy. , Janet L. Yellen, Secretary of the Treasury, via Fox News.
On February 24, the Defense Department also announced
a new $2 billion aid package for Ukraine, including artillery
ammunition and equipment to bolster air defenses.
