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Biden Slaps 500 New Sanctions on Russia over War, Navalny Death

Posted on AllSides February 23rd, 2024
From The Center

U.S. President Joe Biden on Friday announced a significant sanctions escalation against Russia, targeting its financial system and military infrastructure with over 500 new penalties, marking the largest tranche of sanctions since Moscow's invasion of Ukraine nearly two years ago.

The measure was announced ahead of the invasion’s anniversary on Saturday and followed the death of Russian opposition leader Alexey Navalny in a penal colony in the Arctic earlier this month.

The sanctions target various sectors, including Russia's state-owned National Payment Card System, banks, investment firms, venture capital funds and...

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