The United States has intensified its sanctions regime against Russia in response to the ongoing conflict in Ukraine, targeting a wide array of entities and individuals involved in the war effort, evasion of sanctions, and sectors crucial to Russia's economy. The US Department of the Treasury has imposed full blocking sanctions on Sovcomflot, Russia's largest state-owned shipping company, along with 14 of its oil tankers. Additionally, over 250 entities and individuals have been sanctioned by the US State Department for their involvement in Russia's war effort, including those in the energy, metals, and mining sectors, and for the illegal displacement of Ukrainian children. On February 24, the Department of Justice took action by arresting Russian oligarchs and seizing assets worth $2.5 million. Furthermore, the US Department of Commerce has introduced new export restrictions on 93 companies supporting Russia's military-industrial complex. Amid these developments, Russia has activated its price floor mechanism to protect its state budget from Western energy sanctions, with oil producers bearing the cost. The US has also issued a Business Advisory highlighting the risks of doing business in Russia, including the kleptocratic environment and the potential for complicity in war crimes. Meanwhile, the Pentagon is investigating over 50 cases of theft, fraud, and corruption linked to Ukrainian aid, revealing challenges in monitoring the billions of dollars sent to Ukraine.
The 🇺🇸#US @StateDept has issued a Business Advisory on the risks of doing business in #Russia, highlighting the kleptocratic environment and risks associated with sanctions, export controls, mobilization, and complicity in war crimes. #SanctionesExplained https://t.co/noX2KbcsuM
“Long term, this is not healthy for an economy under this kind of sanctions pressure.” @JCZarate1 assesses the West’s financial war on Russia, on our “Money Talks” podcast https://t.co/XppmFkHC6c 👇
“As we continue with these sorts of measures, we’re really also at risk of blurring the distinction between public and private property.” @njtmulder joins “Money Talks” to examine Western sanctions on Russia: https://t.co/rG2PcSTqcU 🎧
The 🇺🇸#US Department @USTreasury has imposed full blocking sanctions on Russia's largest state-owned shipping company, Sovcomflot, and 14 of its oil tankers. #SanctionesExplained https://t.co/mu0OIbqyA9
Doing business with an autocracy is always tricky. Doing business with a brutal warmongering one like Russia confronts bosses with unusually stark moral quandaries https://t.co/MstjL0ol65 👇
“Since Ukraine, they've gone into overdrive.” @cerianrj joins our “Money Talks” podcast to explore whether sanctions still work https://t.co/vSvOKGxtlg 👇
The 🇺🇸#US Department @CommerceGov has imposed new export restrictions on 93 companies that are supporting #Russia's military-industrial complex. ⛔️ #SanctionsExplained https://t.co/80TbnllnDI
On this week’s “Money Talks” podcast: why the West’s financial war on Russia hasn’t stopped the assault on Ukraine https://t.co/U9JmqtUHRH 🎧
Is the West losing its sanctions war? @alice_fulwood, @Birdyword and @TomLeeDevlin investigate on this week’s “Money Talks” podcast: https://t.co/7r9MzQ8vhd 👇
The United States began its 2022 barrage of sanctions by freezing $5 billion of the Russian central bank’s U.S. assets, an unprecedented move to prevent Moscow from using its foreign reserves to prop up the Russian ruble. Get the background: https://t.co/ACzBocJjAA
The 🇺🇸#US @StateDept has sanctioned over 250 entities & individuals involved in #Russia's war effort, including those involved in sanctions evasion, the energy, metals, & mining sectors, and the illegal displacement of #Ukrainian children. #SanctionsExplained #StandWithUkraine https://t.co/suM7kKWRte
The Pentagon is investigating over 50 cases of theft, fraud & corruption linked to Ukrainian aid "The office revealed the department hasn't met expectations for tracking & monitoring the billions of dollars of aid sent to Ukraine"
The 🇺🇸#US has announced a new wave of sanctions against #Russia! On February 24, the US @TheJusticeDept targeted Russian oligarchs, arresting two and seizing $2.5 million in assets.⚖️ #SanctionsExplained https://t.co/JopRUihhFu
The 🇺🇸#US has announced a new wave of sanctions against #Russia! On February 24, the US Department of Justice targeted Russian oligarchs, arresting two and seizing $2.5 million in assets.⚖️ https://t.co/oZhv5Ijl1C
#Russia has for the first time ever activated its so-called price floor mechanism to shield the flow of petrodollars to its state budget from western energy sanctions. The nation’s #oil producers are footing the bill. https://t.co/UZByDDDK7T