With Russia appearing unwilling to cease its attacks on Ukraine, the West has ramped up its pressure to deter Moscow. The US has unveiled its new round of sanctions on Russia, targeting more individuals, including Russian dictator Vladimir Putin’s own daughters.
Washington announced the new set of sanctions on Russia Wednesday. The new round of sanctions includes a total ban on investments in Russia, as well as sanctions on the country’s largest financial institution Sberbank and the largest privately-owned financial institution Alfa Bank.
The sanctions are also targeting the two adult daughters of Putin, and the wife and daughter of Russian foreign minister Sergey Lavrov.
“The sad reality is Putin’s war will make it harder for Russians to travel abroad. It means their debit cards may not work. They may only have the option to buy knockoff phones and knockoff clothes. The shelves of stores may be empty,” a senior Biden administration official told reporters, noting that Russians may return to living standards seen during the Soviet Union’s rule.
The new sanctions also come as the West has accused Russia of committing war crimes following the surfacing of atrocities committed by Russian forces in the Ukrainian town of Bucha. The sanctions were imposed in coordination with the members of the G7 group of countries and the European Union, according to the White House.
US President Joe Biden on Wednesday stressed that sanctions were already impacting Russia’s economy, and vowed to continue efforts to further isolate Russia. The White House also invoked the human rights abuses by Russian forces in Ukraine during the unveiling of the sanctions.
Regardless of the new sanctions, Russia has continued to bomb regions of Ukraine as it bombed Kharkiv and Mariupol. Mariupol has already been bombarded by Russian attacks since the start of Russia’s invasion of Ukraine. Tens of thousands of Ukrainians were trapped in the city without food, water, or power.
Ukraine’s deputy prime minister Iryna Vereshchuk said officials would try to evacuate as many residents as possible through 11 humanitarian corridors that were established Wednesday, although people trying to leave would have to use their own vehicles.


Trump Administration Quietly Approves $7 Billion in Unannounced Weapons Sales to UAE
Taiwan Strengthens Deterrence Amid Ongoing Chinese Military Threat
Trump's Shifting War Goals Against Iran: A Timeline of Contradictions
Trump Threatens ICE Airport Deployment Amid TSA Shutdown Crisis
S&P 500 Rebounds After Netanyahu's Statements on Iran's Military Setbacks
Ukraine-U.S. Peace Talks in Florida Target Ceasefire Framework and Defense Cooperation
Trump Links DHS Funding to Voter ID Legislation
Iran Threatens Gulf Infrastructure as U.S.-Israel War Enters Critical 48-Hour Window
U.S. Prosecutors Scrutinize Colombian President Petro in Drug Trafficking Probes
Australian PM Albanese Heckled at Sydney Mosque During Eid al-Fitr Prayers
Trump Issues 48-Hour Ultimatum to Iran Over Strait of Hormuz, Threatens Power Grid Strikes
Ukraine-U.S. Peace Talks Resume in Florida Amid Ongoing Russia-Ukraine War
Federal Judge Blocks Pentagon's Restrictive Press Access Policy
Trump Signals U.S. Nearing End of Military Goals in Iran War, Shifts Hormuz Responsibility to Regional Nations
Ukraine-U.S. Peace Talks Continue in Florida as Zelenskiy Pushes for Diplomatic Progress
Trump Presses Japan to Support Iran War Effort, Cites Pearl Harbor in Surprise Defense 



