2023-05-20 13:31:58
The US Treasury Department announced on Friday that in cooperation with the G7 member states and other international partners, new sanctions are being introduced against Russia. As US Treasury Secretary Janet Yellen said, the main targets of the new sanctions are the channels through which Russia tries to obtain technology and resources classified as critical. The more than 300 sanctions were adopted at the G7 meeting in Hiroshima, Japan on May 19. package.
Are sanctions only making Russia stronger?
The US Treasury Department’s Office of Foreign Assets Control (OFAC) sanctions package affects 22 individuals and 104 legal entities in more than 20 countries. The goal is to prevent access to critical technology and evasion of previous sanctions. In addition, other segments of the Russian economy were also targeted with the new package of sanctions. The report also revealed that the assets of nearly 200 individuals and legal entities were seized. As Yellen said, they will continue to fight with the new sanctions because of the aggressive invasion of the Russians. And they are doing everything to isolate Russia from critical technologies.
The Russians were expecting another package. Vladimir Putin a few hours before announcing the aforementioned sanctions he said on Friday that the new sanctions will only strengthen unity in Russia. Despite the fact that the Russians started the war, now, according to the propaganda, the war is being waged against the Russians. As Putin said – economically, militarily, politically, informationally, but this will backfire. The Russian government spokesman said even earlier that the sanctions will put the entire world economy on a downward trajectory and cause a global economic crisis.
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