First sanctions against Russia ------------------------------------------- Feb 21: President Vladimir Putin deploys troops into Ukraine’s Luhansk and Donetsk regions ------------------------------------------- Nord Stream 2 UKRAINE Black Sea GERMANY RUSSIA Moscow Kyiv 400km 250 miles Luhansk and Donetsk regions 2014: Russia annexes Crimea ------------------------------------------- President Joe Biden bans new U.S. trade or investment with occupied regions of Ukraine ------------------------------------------- Nord Stream 2: Germany halts regulatory approval of crucial gas pipeline from Russia. Owned by Kremlin- backed energy giant Gazprom, pipeline cost €9.5 billion ------------------------------------------- Individuals: Britain targets three close friends of Putin – Gennady Timchenko, Boris Rotenberg and Igor Rotenberg – freezing their assets in UK ------------------------------------------- Banks: UK slaps sanctions on five Russian banks – Rossiya, IS Bank, Genbank, Black Sea Bank and Promsvyazbank ------------------------------------------- Other potential sanctions Bond market: Restrict ability of investors to buy Russian bonds traded in secondary market ------------------------------------------- Export controls: Restrict export of key commodities – microchips, software and equipment ------------------------------------------- Dollar clearing: Russia could be banned from transactions in U.S. dollars – crippling its oil and gas sales which are settled in dollars ------------------------------------------- Swift: Most drastic option is to block access to Swift payments system used by banks to do business overseas ------------------------------------------- Sources: Financial Times, Reuters Pictures: Getty Images © GRAPHIC NEWS