On Sunday, Moscow downplayed the importance of a ‘sweeping’ new round of more than 100 sanctions imposed by the U.S. over the war in Ukraine.
The Kremlin is saying Washington ‘shouldn’t hold its breath’ in pressuring the Kremlin to stop the offensive, further adding that ‘they will never defeat us.’
The IMF projections suggest it may indeed be the case, as Russia is expected to post bigger economic growth than its US and EU foes.
The sanctions target ‘Russian energy production and revenue, the metals and mining sectors, defense procurement, and those involved in supporting Moscow’s war effort’, according to a statement by the U.S. Treasury Department. Politico reported: “’Today’s actions demonstrate our further resolve in continuing to disrupt every link of [the] Russian military supply chain, and target outside actors who would seek to support Russia’s war effort’, U.S. Treasury Secretary Janet Yellen said in the statement.” The measures also […]
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