See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Biden administration tightens screws on Russia with new sanctions effort

Posted on AllSides June 12th, 2024
From The Right

The Treasury Department announced sweeping new enforcement measures Wednesday to tighten the screws on Russia, including expanding the use of sanctions to inflict pain on outside entities that continue to do business with Moscow, known as “secondary sanctions.”

The push comes as the U.S. and Western allies have struggled to curtail Russia’s war revenue in the more than two years since the start of its war in Ukraine, despite implementing a series of sanctions, bans, and other restrictions aimed at restricting its profits, primarily from its oil and gas exports.

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

More News about Trade from the Left, Center and Right

From the Left

From the Center

From the Right