Washington, Feb 23 (IANS) The US has hit Russia with 500 new sanctions on Friday over the death of jailed Opposition leader Aleksey Navalny and the ongoing war against Ukraine, with the goal of further constricting its energy earnings that fuel and sustain the war effort.
The US has also announced 100 sanctions against entities that are providing “backdoor support” to the Russian war machine, including those in China, the UAE and Liechtenstein.
“These sanctions will target individuals connected to Navalny’s imprisonment as well as Russia’s financial sector, defence industrial base, procurement networks and sanctions evaders across multiple continents,” US President Joe Biden said, announcing new curbs.
“They will ensure Putin pays an even steeper price for his aggression abroad and repression at home.”
The 47-year-old Navalny died in a Russian prison on February 16. The US has sanctioned more than 2,000 entities in Russia since President Vladimir Putin sent his troops into Ukraine to deter him by squeezing his energy earnings and sources of material for the war industry.
But Russia appears far from being deterred. Its economy grew by 3 per cent in 2023, more than the US economy. And it continues to wage the war, which is now going in their advantage specially with Ukraine’s depleting arsenal desperately in need of replenishment. A legislation providing additional security funding for Ukraine is caught in a political fight between Democrats and Republicans on Capitol Hill, home of the US congress.
Pressing Republicans, who control the House of Representatives to clear the bill, Biden said: “History is watching. The failure to support Ukraine at this critical moment will not be forgotten. Now is the time for us to stand strong with Ukraine and stand united with our allies and partners. Now is the time to prove that the US stands up for freedom and bows down to no one.”
These additional sanctions come amidst further deterioration in relations between the world’s largest nuclear powers and sharp language exchanged by the two sides.
Biden called Putin a “crazy SOB’ at a fundraiser for his re-election campaign earlier this week. And Putin reacted by sarcastically calling Biden his preferred president of the US
–IANS
yrj/pgh
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
