US and EU announce fifth sanctions on Russia | The assets of Putin’s daughters and relatives of Kremlin officials have been frozen

The United States and the European Union have announced a new package Sanctions against Russia for occupation of Ukraine. The move reaches out to Russian President Vladimir Putin’s two daughters, Maria and Katarina. Meanwhile, European leaders are trying to end their countries’ energy dependence in Moscow.

Fifth set of obstacles

Washington has announced that the new sanctions against Moscow contain “devastating economic measures.” One of the major banking institutions and several state-owned enterprises noted that they would face very severe financial constraints. The White House has said that Russian government officials and their families are involved in punishing Russia for its invasion of Ukraine.

Sanctions were agreed with the G7 and the European Union (EU). The package calls for a complete freeze on the assets of Sberbank, the largest Russian financial institution, and its main private bank, Alpha Bank in the United States. At the same time, U.S. citizens are barred from doing business with both companies. In the coming days, President Joe Biden will sign an executive order restricting new investments in Russia, no matter what country the Americans are in. From Biden’s government house, they noted that the move seeks to further isolate Russia from the world economy and has the support of many others. 600 multinational companies that decided to leave the Russian market.

The United States also vetoed US transactions with Russian state-owned companies. And froze their assets within the jurisdiction of the North American nation. That is planned The names of the approved companies will be released by the Treasury tomorrow.

Barriers to the Kremlin and family

Biden also included Putin’s family in the blockade. The U.S. government expelled it from its financial system and froze the assets of Russian officials and their families. The bomber struck shortly after noon in front of a gathering of Putin’s adult daughters, Maria and Kairina, and the wife and daughter of Kremlin’s Foreign Minister Sergei Lavrov. And members of the Russian Security Council, including former President Dmitry Medvedev and current Prime Minister Mikhail Michustin.

“These individuals have enriched themselves at the expense of Russian citizens,” and “some of them are responsible for providing much needed support for Putin’s war in Ukraine,” the White House said in a statement. The U.S. Treasury has banned Russia from lending with funds within its jurisdiction.

Pro-Russian

Western nations are also seeking to reduce Russia’s dependence on energy and are in favor of a ban on Russian gas. “These sanctions will not be the last. Yes, we have banned coal (imports), but now we need to look at oil and the revenues Russia receives from these fossil fuels.” Van der Leyen insisted in the European Parliament. Charles Michael, President of the Council of Europe, called on the people to do everything possible to prevent atrocities in the former Soviet Union. “We are tightening sanctions to maintain maximum pressure on the Kremlin. The new set of sanctions bans Russian coal imports and I think action on Russian oil and gas will be needed sooner or later,” Michael said.

EU High Representative for Foreign Affairs Joseph Borel has warned Brussels sent about one billion euros from the European Fund for Peace, and on the other hand it bought energy from Moscow for 35 billion euros.. “Our independence, our energy autonomy, goes through the development of renewable energies and once again, geopolitics and climate change go hand in hand with a common goal,” Borel said.

EU countries import half of their energy consumption. It buys 46.7 percent of its coal, 40 percent of its gas and 27 percent of its oil from Moscow. By 2021, these exports will bring in 99 billion euros in revenue to Russia.

Downing Street Barriers

The British government announced that it would stop importing Russian coal by the end of this year. It has also been revealed that Boris Johnson’s administration plans to ban British investment in Russia. Johnson used the word genocide to refer to the deaths in Pucha, although his government avoids using it.

“When you look at what is happening in Pucha, the revelations of what Putin (Russian President Vladimir) is doing in Ukraine, in my opinion, is not far from genocide,” said the conservative leader.

The United Kingdom joined the Fifth Sanctions imposed on Moscow and froze the assets of Sberbank and the Moscow Credit Bank. In this sense, Johnson’s Ministry of Foreign Affairs announced that the purpose of the measures was to end energy dependence on the Kremlin.

Next week London will approve next week the legal framework for importing iron and steel products (Moscow’s main source of income). And controls the sales of Russian companies related to quantum technologies, combined with other areas, cryptography and communications. “We (Russian President Vladimir Putin) are raising the bar of our campaign to end Putin’s terrible war with some more serious sanctions,” said British Foreign Secretary Liz Druz.

Germany for Energy Freedom

German Chancellor Olaf Scholes, for his part, reaffirmed his commitment to liberate Germany from Russian power. In parliament, the head of state accused Russia of war crimes for the deaths of Ukrainian citizens. The Bundestag had previously condemned the Pucha massacre.

“Our mission is to equip ourselves as soon as possible with liquefied gas terminals.”Said Scholes. There is no liquefied gas terminal in the European country that allows Russian gas to be imported. Despite this, Berlin has been able to reduce its Russian gas imports from 55 percent to 40 percent in recent weeks, according to Robert Hebeck, the Greens’ economic minister. Meanwhile, the Minister of Foreign Affairs, Green Annalena Barbach, confirmed that the government is determined to “completely cut off energy dependence” on Russia.

Terrible in Pucha

Russian President Vladimir Putin called the discovery of the bodies in Pucha “a vicious and cynical provocation of the Kiev regime.” This is the first time this week that the Russian president has mentioned events recorded in a city near Q. Kremlin spokesman Dmitry Peskov called it a “terrible debut.” “Undoubtedly, the horrific debut in Pucha is necessary and should be investigated,” Peskov told reporters. The spokesman also stressed the need for the investigation to be conducted “impartially and independently”.

Although China has called Pucha’s pictures “deeply troubling,” Russia has not blamed Russia for the events. Chinese Foreign Ministry spokesman Zhao Lijian said the allegations should be based on facts and that the humanitarian situation should not be mixed with politics. A Chinese spokesman stressed that “all parties must show restraint and avoid baseless allegations before the results of the investigation are released.” Beijing is “ready to continue working with the international community to prevent any harm to the public,” Zhao said.

From the Vatican, Pope Francis condemned “new atrocities such as the Pucha massacre.” “Recent news of the war in Ukraine shows new atrocities such as the Pucha massacre, rather than relief and hope.”The Holy See condemned the Pope during public viewings on Wednesdays.

Francisco noted the images circulated about what happened in Pucha, and confirmed that they show “increasingly horrific atrocities against insecure civilians, women and children.” “They are victims, their innocent blood is screaming into the sky and they are calling for an end to this war to stop the sowing of blood and destruction, to calm down the weapons,” Bergoglio said.

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