U.S. & Allies Issue New Sanctions Against Russia

April 6, 2022 4:17 am

WASHINGTON (AP) – The United States on Wednesday announced sanctions targeting Russian President Vladimir Putin’s two adult daughters and said it was toughening penalties against Russian banks in retaliation for “war crimes” in Ukraine. The United Kingdom piled on asset freezes against two major Russian banks, a ban on British investment in Russia and a pledge to end dependency on Russian coal and oil by the end of this year. The European Union is also expected to soon take additional steps, including a ban on new investment in Russia and an EU embargo on coal, after the recent evidence of atrocities emerging in the wake of the retreat by Russian forces from the town of Bucha.