US imposes 500 new sanctions on Russia

 

The US Treasury Department announced on Friday that it imposes 500 new sanctions on Russia and its war machine, as the country tries to keep up financial pressure on Moscow two years after the beginning of the invasion of Ukraine, Paralel.Az reports citing Euro News.

The sanctions is the largest tranche of penalties imposed on Russia since February 24, 2022, and come after the US Justice Department issued a new series of indictments and arrests targeting Russian businessmen.

US President Joe Biden has also promised sanctions in response to the death of jailed opposition leader Alexei Navalny, whom Russian authorities said died last week at the Arctic penal colony where he was detained. Biden said on Thursday that the sanctions would be “against Putin, who is responsible for his death.”

“The Justice Department is more committed than ever to cutting off the flow of illegal funds that are fueling Putin’s war and to holding accountable those who continue to enable it,” Attorney General Merrick B. Garland said in a statement.

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