“President Joe Biden’s administration is planning to impose new export controls and a recent spherical of sanctions on Russia, focusing on key industries a yr after Vladimir Putin began his invasion of Ukraine,” Bloomberg experiences.

“The measures will goal Russia’s protection and power sectors, monetary establishments and a number of other people, in keeping with folks conversant in the matter who spoke on situation of anonymity. The US and allies are additionally anticipated to show their focus to stopping the evasion and circumvention of sanctions — and disrupt assist Russia receives from third nations.”

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