The United States hit a series of Russian tech firms with sanctions Thursday, including the nation's largest chip maker, in the latest economic punishment for Moscow's invasion of Ukraine.
Russia's microelectronics giant Mikron among 21 entities and 13 individuals listed for penalties; US aims 'to target Putin's war machine with sanctions from every angle'
US Slaps Sanctions On Russian Tech Firms, Including Largest Chip Maker channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.
<p><span>Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is continuing to impose severe costs on the Russian Federation for its unprovoked and unjustified war against Ukraine by targeting operators in the Russian technology sector to prevent it from evading unprecedented multilateral sanctions and procure critical western technology. OFAC is designating 21 entities and 13 individuals as part of its crackdown on the Kremlin’s sanctions evasion networks and technology companies, which are instrumental to the Russian Federation’s war machine. Treasury has also determined that three new sectors of the Russian Federation economy are subject to sanctions pursuant to Executive Order 14024 (E.O. 14024). This allows Treasury </span><span>impose sanctions on any individual or entity determined to operate or have operated in any of those sectors</span><span>. Today’s sanctions are
The United States hit a series of Russian tech firms with sanctions Thursday, including the nation's largest chip maker, in the latest economic punishment for Moscow's invasion of Ukraine.