The US is ramping up sanctions against Russia to deprive Moscow’s “war machine” of money and components needed to sustain its invasion of Ukraine, but curbing a main source of funding Russian energy exports will take time, US Deputy Secretary of the Treasury Wally Adeyemo said in an interview on Thursday.
The US and its allies have “a lot more that we can and we will do” to punish Moscow if Russia fails to halt its invasion, Adeyemo said.
Ukrainian leaders on Thursday called for the democratic world to stop buying Russian oil and gas, and cut Russian banks
The United States has increased sanctions against Russia in an effort to deprive Moscow of the money and other components it needs to support its invasion of Ukraine. However, it will take time to curb Russia s main source of funding, Russian energy imports, U.S. Deputy Treasury Secret Wally Adeyemo said to Reuters on Thursday. Adeyemo […]
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WASHINGTON (Reuters) -The United States is ramping up sanctions against Russia to deprive Moscow's "war machine" of money and components needed to sustain its invasion of Ukraine, but curbing a main source of funding, Russian energy exports, will take time, U.S. Deputy Treasury Secretary Wally Adeyemo told Reuters on Thursday.
(Reuters) - The United States targeted Russian banks and elites with a new round of sanctions on Wednesday, including banning Americans from investing in Russia, in response to what Preside