Bank Biden California China Dissident Economy European Finance India Iran Logistics Manufacturer Manufacturing military National Security Oil Putin railroad Russia Sanctions Supply Chain Travel Ukraine United Arab Emirates United Kingdom
Washington — The Biden administration announced more than 500 sanctions on Russia and its military industry Friday — the largest round of sanctions since Russia invaded Ukraine two years ago — as it tries to exert more pressure on Russian President Vladimir Putin over the invasion and the sudden death a week ago of Russian opposition leader Alexey Navalny. Friday’s sanctions target top Russian companies, including Mechel, the leading manufacturer of specialty steel used in Russia’s attack helicopters, and JSC SUEK, a railroad logistics company. MIR, the Central Bank of Russia’s national payment processing system, has also been sanctioned, along…
News Timeline:
Track the development of this news story across the Internet.