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The social media CEO, the bankers and the banks: Biden sanctions two financial institutions and three powerful businessmen whose fathers are key Kremlin insiders
[Daily Mail, where America gets its news] - Three Russian businessmen whose fathers are already under U.S. sanctions were themselves targeted by the treasury on Tuesday
- Joe Biden said that the sanctions were 'the first tranche to impose costs on Russia in response to their actions'
- Two Russian state-owned banks were also targeted as the Biden administration sought to punish Putin for destabilizing Ukraine
- Biden has warned that the sanctions are just the first step and Putin and his inner circle should prepare for more if they do not pull back from the brink
- The sanctions cut off individuals and companies' access to global financial markets and make it hard to trade internationally
Posted by: Skidmark 2022-02-24 |
