![]() ![]() But Russia's currency is managing far better than the U.S. Rosenberg told lawmakers that Russia should be in fiscal deficit by the end of the year. Sanctions so far have targeted Russia's financial institutions, businesses, military and high-tech industries, and thousands of officials and other members of the Russian elite. Senators and the two Biden administration officials - Elizabeth Rosenberg, an assistant Treasury secretary, and James O'Brien, head of the State Department's sanction coordination office - focused Wednesday on additional penalties aimed at making it impossible for Russia to keep prosecuting the war.Īdroit financial management by Russian officials and, above all, billions of dollars of windfall profits from oil and gas exports have buffered the impact of the sanctions imposed by the United States and about 30 other nations. and its allies are preparing new sanctions that White House press secretary Karine Jean-Pierre said Wednesday would impose a “severe economic cost on Russia when they move forward with annexation.” In response to those referendums, the U.S. Within the past week, Russia has started calling up hundreds of thousands of civilian men to replenish its depleted forces in Ukraine and held sham referendums in Russian-occupied territory, as an expected prelude to claiming those lands for Russia. Putin has vowed to press his offensive in Ukraine despite battlefield losses to motivated and NATO-supplied Ukrainian forces. ![]() “The frustration is we know that while we're playing the long game, Ukrainians are dying,” Shaheen added. ![]() Sham 69 if the kids are united full#"And we have not seen the full impact that was described to us. Jeanne Shaheen, a New Hampshire Democrat, recounting early predictions from administration officials that the sanctions would plunge the country into recession, send the value of the ruble plunging, and trigger unrest among Russians. That they were going to have certain impacts,” said Sen. “What we were told was these were going to be the toughest sanctions ever on a country. While calling for stronger action against Russia, the State and Treasury department officials appearing before the Senate Foreign Relations Committee faced complaints from both Democrats and Republicans that the first rounds of sanctions did not hit Moscow as hard or fast as the administration had forecast. WASHINGTON – Future sanctions over President Vladimir Putin’s invasion of Ukraine must focus on depriving Putin of what he needs to fund and fight the war: revenue from Russia’s oil and gas sales and access to global supply networks to replenish his military, two architects of the Biden administration’s sanctions campaign told lawmakers on Wednesday. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |