The US on Monday announced new Russia-related sanctions that target a network of people and companies accused of helping Moscow procure weapons.
The Treasury Department said that 14 individuals and 28 entities were targeted by the new sanctions that are allegedly helping Russia procure weapons or providing financial assistance to Moscow.
Unlike previous sanctions, the measures target many people and entities that are not based in Russia. The Treasury Department announced sanctions on real estate firms in France, companies based in Switzerland, and a Taiwanese microelectronic company.
The Treasury Department also announced sanctions on family members of Suleiman Kerimov, a Russian billionaire and politician who is serving in the Federation Council, Russia’s upper house of parliament. According to the Treasury Department, Kerimov was first sanctioned by the US in 2018.
Treasury Secretary Janet Yellen said in a statement that the US and its allies would “continue to use our sanctions and export controls to weaken Russia’s military on the battlefield and cut into the revenue Putin is using to fund his brutal invasion.”
Over the weekend, Yellen said that some sanctions will remain on Russia even if a peace deal is reached to end the fighting in Ukraine, a signal that the US wants to keep Russia isolated from the US-led global financial system for the long term.
And who is Yellen to prance around conducting US foreign policy. These sanctions appear to be vindictive, a means of crippling businesses we do not like, people we do not like as they perhaps said things we do not like. Or it can just be a way of destroying cimpetition of some well connected. Otherwisr it is hard to say how a realtor in France can have an impact on the war.
Yelken unfortunatelly is following in the footsteps of another Treasury’s icon, Morgentau who had a plan for piost-war Germany. She probably fancies herself in tge role of Yelken plan for Russia. It is getting a tad too personal and vindictivve, And the war has not been won yet.