Friday, March 04, 2022

Biden Imposes Sanctions on Russian Oligarchs, 'Putin's Cronies'

BBC: The US has announced fresh sanctions on Russian oligarchs - the latest attempt to squeeze President Vladimir Putin as his invasion of Ukraine continues.

The new penalties will target members of the Russian elite, their families and close associates, cutting them off from the US financial system.

"The goal is to maximise the impact on Putin," US President Joe Biden said.

Dmitry Peskov, Mr Putin's press secretary, is among those targeted in the latest blockade.

Mr Peskov, 54, is already sanctioned by the European Union, and now joins a list of eight oligarchs and nearly two dozen of their family members and associates whose assets in the US will be frozen, and have their American properties blocked from use. » | BBC | Thursday, March 3, 2022

Property of Russian elites could be handed to Ukrainian refugees, says Raab: Deputy PM defends response to invasion after criticism the government has acted too slowly over sanctions »