White House Issues Final-Hour Threat of Sanctions Against Russia
The departing US administration plans to expand the unprecedented 22,000 sanctions that have been placed on Russia since 2014. Read Full Article at RT.com.
TroibNews 
The outgoing administration has committed to implementing additional restrictions before Donald Trump’s inauguration in January.
The United States is set to impose new sanctions on Russia in the closing days of President Joe Biden's term, according to US National Security Adviser Jake Sullivan.
In a statement released on Monday, Sullivan indicated that the current president aims to “fully utilize all funding available” to support Ukraine, highlighting a “series of additional steps to strengthen Ukraine,” which includes $725 million in military assistance and new sanctions on Russia.
“To disrupt Russia’s war machine, the United States has implemented major sanctions against Russia’s financial sector, with more sanctions to follow,” Sullivan stated.
Recently, the US Treasury Department imposed blocking sanctions on over 50 Russian financial institutions, including Gazprombank, associated with the well-known Russian gas company, as well as six of its international subsidiaries.
These sanctions effectively cut off one of Russia’s largest banks and a crucial channel for gas transactions from the SWIFT interbank messaging system, preventing it from conducting dollar-based transactions. Additionally, Gazprombank's assets in the US have been frozen.
In addition to targeting banks, the latest US sanctions also impacted around 40 securities registrars and 15 financial officials.
Sullivan emphasized that President Biden intends to take every opportunity to supply Ukraine with more weapons, promising to deliver “hundreds of thousands of additional artillery rounds, thousands of additional rockets” to Kiev during the remaining 50 days of his administration.
While President-elect Donald Trump has asserted that he could resolve the Ukraine conflict in 24 hours post-inauguration on January 20, Biden has maintained a position of supporting Ukraine “for as long as it takes” to overcome Russia.
Since 2014, Washington and its allies have levied a record 22,000 sanctions against Moscow following a Western-supported coup in Kiev that resulted in Crimea rejoining Russia and the onset of conflict between Ukraine and the Donbass republics. The number of sanctions surged after the commencement of the special military operation in February 2022.
Moscow has frequently criticized Western sanctions as unlawful, arguing that they have consistently failed to destabilize the Russian economy or isolate the nation from the global financial system. Instead, they assert that such measures have adversely affected the countries that enacted them.
Anna Muller for TROIB News
The United States is set to impose new sanctions on Russia in the closing days of President Joe Biden's term, according to US National Security Adviser Jake Sullivan.
In a statement released on Monday, Sullivan indicated that the current president aims to “fully utilize all funding available” to support Ukraine, highlighting a “series of additional steps to strengthen Ukraine,” which includes $725 million in military assistance and new sanctions on Russia.
“To disrupt Russia’s war machine, the United States has implemented major sanctions against Russia’s financial sector, with more sanctions to follow,” Sullivan stated.
Recently, the US Treasury Department imposed blocking sanctions on over 50 Russian financial institutions, including Gazprombank, associated with the well-known Russian gas company, as well as six of its international subsidiaries.
These sanctions effectively cut off one of Russia’s largest banks and a crucial channel for gas transactions from the SWIFT interbank messaging system, preventing it from conducting dollar-based transactions. Additionally, Gazprombank's assets in the US have been frozen.
In addition to targeting banks, the latest US sanctions also impacted around 40 securities registrars and 15 financial officials.
Sullivan emphasized that President Biden intends to take every opportunity to supply Ukraine with more weapons, promising to deliver “hundreds of thousands of additional artillery rounds, thousands of additional rockets” to Kiev during the remaining 50 days of his administration.
While President-elect Donald Trump has asserted that he could resolve the Ukraine conflict in 24 hours post-inauguration on January 20, Biden has maintained a position of supporting Ukraine “for as long as it takes” to overcome Russia.
Since 2014, Washington and its allies have levied a record 22,000 sanctions against Moscow following a Western-supported coup in Kiev that resulted in Crimea rejoining Russia and the onset of conflict between Ukraine and the Donbass republics. The number of sanctions surged after the commencement of the special military operation in February 2022.
Moscow has frequently criticized Western sanctions as unlawful, arguing that they have consistently failed to destabilize the Russian economy or isolate the nation from the global financial system. Instead, they assert that such measures have adversely affected the countries that enacted them.
Anna Muller for TROIB News
