Russia Ukraine Crisis: US holds back on toughest sanctions… for now


Source: dailyhunt.in dailyhunt.in

Key Topics in this News Article:

News Snapshot:

Tuesday's first installment of sanctions hit members of Putin's inner circle and their families and two banks that the U.S. considers especially crucial to the Kremlin and Russia's military. Another new U.S. measure limits Russia's power to raise money abroad. U.S. officials made clear they were holding in possible reserve more devastating measures, in case Russia escalates actions threatening Ukraine's territory and sovereignty. The Biden administration says those more sweeping penalties would cripple Russia's ability to do business at home and abroad, and likely bring on a recession there. Here's a look at some of the tougher possible penalties that...