Gulf News

US SANCTIONS ON RUSSIA

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■ The Biden administra­tion is poised to launch long-awaited measures against Russia – including far-reaching financial sanctions – for disrupting the 2020 election and the hacking of US networks

■ Sovereign debt: Restrict Russia’s ability to raise dollar-denominate­d government bonds by banning foreign lenders from American financial markets. Russia uses bonds to finance its budget deficit. Foreign pension funds and asset managers also hold around $42 billion of rouble-denominate­d debt

■ Expulsions: Ten Russian diplomats plus intelligen­ce officials to be expelled – some due to allegation­s that Kremlin offered to pay bounties to Taliban militants to kill American troops in Afghanista­n

■ Ukraine: New penalties coordinate­d with UK and EU allies for Russia’s increased threat to Ukraine

■ Unseen measures: Expanded cyber operations against Russia’s Foreign Intelligen­ce Service for SolarWinds hack which stole data from at least nine government agencies – including Energy, Homeland Security, Pentagon, Treasury, Commerce, US Postal Service, plus more than 100 U.S. companies

■ 2014-present: Since President Vladimir Putin annexed Ukraine’s Crimea Peninsula, 700 Russian people and companies – plus many close Putin allies – have been targeted by U.S. sanctions

■ Mar 2, 2021: Biden imposes sanctions on seven senior members of Russian government – including head of Federal Security Service – after opposition leader Aleksei Navalny poisoned

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Graphic News/©Gulf News
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Picture: Associated Press
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