Contents tagged with US Department of Treasury

  • Ukrainian President calls for expanding sanctions against Russia following U.S. decision

    Ukrainian President Petro Poroshenko has called the expansion of individual sanctions by the U.S. authorities “unprecedented.” He praised the recent sanctions imposed against persons designated under the January 2018 Kremlin Report as “a decent answer to the aggressor.”

    Poroshenko welcomed the decision of the U.S., stating that the free world will continue strengthening a coalition against Russian aggression. This unified effort, he stated, is based on “strong Transatlantic unity and common …

  • Fortune of Russian oligarch Deripska shrinks by $2.5 billion after US puts him on sanctions list

    On Friday, April 6, the U.S. Department of the Treasury imposed new sanctions against Russian businessmen, officials and managers of state companies. They involve the freezing of assets of those included in the sanctions list and also prohibiting American citizens and companies to engage in any economic activity with the blacklisted individuals.  According to the U.S. Department of the Treasury, the sanctions were introduced in response to Moscow’s attempts at undermining western democracies.  …