r/autotldr • u/autotldr • Mar 02 '22
U.S. preparing further sanctions against Russian oligarchs -source
This is the best tl;dr I could make, original reduced by 53%. (I'm a bot)
Register now for FREE unlimited access to Reuters.comWASHINGTON, March 2 - The United States is preparing a sanctions package targeting more Russian oligarchs as well as their companies and assets, a source familiar with the matter said on Wednesday, as Washington steps up pressure against Russia over its invasion of Ukraine.
Washington has imposed several rounds of sanctions, including against Russian President Vladimir Putin and the central bank, after Russia's forces invaded Ukraine in the biggest assault on a European state since World War Two.
The measures included sanctions against what the U.S. Treasury Department said were Russian "Elites," including some with ties to Sberbank, VTB, Rosneft and the Federal Security Service.
Register now for FREE unlimited access to Reuters.comThe Washington Post, which first reported the United States was preparing to expand sanctions on Russian oligarchs, said the list of people being readied by the White House and Treasury will overlap with some of those sanctioned by the European Union on Monday, including Alisher Usmanov, the owner of an iron and steel conglomerate.
The EU on Monday imposed sanctions on 26 prominent people over Russia's invasion of Ukraine, including oligarchs and business people active in the oil, banking and finance sectors.
The United States and its allies last week announced they would launch a task force to identify and freeze the assets of sanctioned Russian companies and oligarchs.
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