U.S. sanctions on Russia

The Biden administration has launched long-awaited measures against Russia – including far-reaching financial sanctions – for disrupting the 2020 election and the hacking of U.S. networks

Sovereign debt: Executive order bans U.S. lenders from buying new rouble-denominated Russian sovereign bonds from June 14. Russia uses bonds to finance
its budget deficit – $257 billion in 2020.
Foreign pension funds and asset managers hold around $42 billion of rouble-denominated debt

Expulsions: Ten Russian diplomats in Washington, including representatives of Russian intelligence services, expelled. Sanctions imposed on 32 individuals accused of meddling in 2020 presidential election

Ukraine: New penalties coordinated with UK and EU allies for Russia’s increased threat to Ukraine

Unseen measures: Expanded cyber operations against Russia’s Foreign Intelligence Service for SolarWinds hack which stole data from at least nine government agencies – including Energy, Homeland Security, Pentagon, Treasury, Commerce, U.S. Postal Service, plus more than 100 U.S. companies

2014-present: Since President Vladimir Putin annexed Ukraine’s Crimea Peninsula, 700 Russian people and companies – plus many close Putin allies – have been targeted by U.S. sanctions

Mar 2, 2021: Biden imposes sanctions on seven senior members of Russian government – including head of Federal Security Service – after opposition leader Aleksei Navalny poisoned


Sources: Bloomberg, Reuters, New York Times
Picture: Associated Press 
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