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24 Feb
21:28

US imposes sanctions, export controls against Russia

US President Joe Biden has announced sweeping economic sanctions and export controls against Russia aimed at further isolating the country as it unilaterally provokes neighboring Ukraine into war. Financial sanctions are targeting 10 of Russia’s largest banks, effectively freezing any assets the country has in the US. Americans are now prohibited from dealing with Russian banks. The administration hopes this will hamper the country’s ability to functio…
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