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The administration of US President Joe Biden has prepared a preliminary package of sanctions against Russia, including a ban on US banks from processing transactions for large Russian banks.
According to Reuters, citing sources, the restrictions are provided for in the event of Russia’s “invasion” of the territory of Ukraine. These measures are designed to harm the Russian economy by breaking the “correspondent” relations between the banks of the parties, which form the basis of global cash flows.
In addition, sources say that Washington intends to use sanctions against certain Russian individuals and companies by placing them on a “black list” that will exclude them from the US banking system, prohibit trade with Americans and freeze their assets in the States.
Earlier, the President of the European Commission, Ursula von der Leyen, said that Russia would be deprived of access to international financial markets and to the main export goods of the West in the event of an “invasion of Ukraine.”
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
