US Heaps New Round Of Sanctions On Russia Over Annexation Of Four Ukrainian Regions

US Heaps New Round Of Sanctions On Russia Over Annexation Of Four Ukrainian Regions

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By Spy Uganda

The United States has unleashed a new round of sanctions against hundreds of Russia-linked firms and officials over Moscow’s annexation of Ukrainian territories, which President Joe Biden has called a show of “contempt for peaceful nations”.

The Department of the Treasury on Friday targeted nearly 300 members of Russia’s legislature, as well as companies and individuals it accused of links to the country’s “military-industrial complex”, including the Russian central bank governor.
The sanctions, which Secretary of the Treasury Janet Yellen called “swift and severe”, freeze the targeted groups’ and individuals’ assets in the US and make it illegal for American citizens to do business with them.

“The Treasury Department and US government are taking sweeping action today to further weaken Russia’s already degraded military industrial complex and undermine its ability to wage its illegal war,” Yellen said in a statement.

The US Department of State also added more than 900 people to its visa restriction list, accusing them of being linked to Russia’s war effort.

“The United States condemns Russia’s fraudulent attempt today to annex sovereign Ukrainian territory,” Biden said in a statement.

“Russia is violating international law, trampling on the United Nations Charter, and showing its contempt for peaceful nations everywhere.”

Earlier in the day, Russian President Vladimir Putin announced that Russia would absorb the partially occupied Ukrainian regions of Donetsk, Luhansk, Kherson and Zaporizhia. “This is the will of millions of people,” he said in the speech from St George’s Hall at the Kremlin.

Russian-installed officials in the territories recently held votes on joining Russia, which Ukrainian and Western officials denounced as “sham” referendums.

Biden said Washington will rally the international community to denounce Russia’s annexation and hold Moscow accountable. “We will continue to provide Ukraine with the equipment it needs to defend itself, undeterred by Russia’s brazen effort to redraw the borders of its neighbour,” he said.

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