As Russia Completes Transition to a Full War Economy, Treasury Takes Sweeping Aim at Financial Infrastructure and Access to Third Country Support

As Russia Completes Transition to a Full War Economy, Treasury Takes Sweeping Aim at Financial Infrastructure and Access to Third Country Support

From home.treasury.gov

As President Biden and Group of Seven (G7) Leaders prepare to meet this week in Italy, the U.S. Department of the Treasury is issuing sweeping new measures guided by G7 commitments to intensify the pressure on Russia for its continued cruel and unprovoked war against Ukraine. Today’s actions ratchet up the risk of secondary sanctions for foreign financial institutions that deal with Russia’s war economy; restrict the ability of Russian military-industrial base to take advantage of certain U.S. software and information technology (IT) services; and, together with the Department of State, target more than 300 ... (full story)

Typical propaganda. These guys should go back to school to learn the definition of "full war economy." It certainly doesn't apply here.

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