United States will adopt on Wednesday, in coordination with the European Union and the G7, new sanctions against Russia, such as prohibiting “any new investment” in that country, according to a source close to the matter.
These measures in response to the Russian invasion of Ukraine will also include “further sanctions against financial institutions and public companies in Russia, and sanctions against Russian government officials and their relatives,” this source told AFP.
The informant assured that these decisions, which are added to a battery of measures taken since the beginning of the Russian invasion of Ukraine on February 24, “would damage key instruments of the Russian state apparatus” and “would cause immediate and acute economic damage.”
This US source claimed that the russian economy it will contract “15% or more” in 2022 due to the effect of the war in Ukraine and Western sanctions, a recession of unprecedented severity that will erase “the economic gains achieved in the last 15 years by Russia”.
The European Union it also plans to tighten sanctions against Russia. The European Commission proposed to stop buying Russian coal and wants close the ports Europeans to Russian ships.