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(Reuters) -New U.S. sanctions against Russia have forced an immediate suspension of trading in dollars and euros on its leading financial marketplace, the Moscow Exchange. The exchange and the ...
In a coordinated action, the Treasury Department imposed sanctions on Ivanov and Cryptex, a virtual currency exchange based in Saint Vincent and the Grenadines but operating in Russia. The United ...
Russia shrugged off the move, pointing to the reduced role of the dollar and euro since Moscow's February 2022 full-scale invasion of Ukraine led to sweeping Western sanctions.
The U.S. imposed new sanctions on Russia's Gazprombank on Nov. 21, creating an obstacle for European buyers of Russian gas. Buyers have been using Gazprombank to make the payments, including a ...
Within days of the Russian invasion of Ukraine in February 2022 western countries moved to freeze Russian central bank funds in these countries. [1] [a] In March 2023 (prior to the destruction of the Kakhovka Dam) a joint assessment was released by the Government of Ukraine, the World Bank, the European Commission, and the United Nations, estimating the total cost of reconstruction and ...
The SWIFT ban against some Russian banks is one of several international sanctions against the Russian regime imposed by the European Union and other western countries as a result of its invasion of Ukraine, aimed at weakening the country's economy to end the invasion by hindering Russian access to the SWIFT financial transaction processing system.
The Treasury Department plans to impose more than 500 new sanctions on Russia and its war machine on Friday as the U.S. vows to keep up its financial pressure on Moscow with the war entering its ...
Following the full declaration of the Russian invasion of Ukraine, which started on 24 February 2022, institutions such as the United States, the European Union, [1] and other Western countries [2] introduced or significantly expanded sanctions covering Russian President Vladimir Putin, other government members [3] and Russian citizens in general.