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Friday, 15 November
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Targeting children of prominent Russians: the U.S. expanded sanctions against Russia

The United States continues to impose sanctions against Russia during the war against Ukraine.

Thus, on Friday, March 11, the State Department imposed sanctions against the inner circle of Russian President Vladimir Putin.

This was stated by the U.S. Department of State spokesperson Ned Price.

Peskov was placed on the US blacklist on March 3. His wife, Tatiana Aleksandrovna Navka, and his two adult children Nikolay Peskov, and Elizaveta Dmitriyevna Peskova, have all been added to the sanctions list.

The Treasury Department said Peskov's family members "live luxurious lifestyles that are incongruous with Peskov’s civil servant salary and are likely built on the ill-gotten wealth of Peskov’s connections to Putin."

"@StateDeptSpox announces that with @G7 partners, we are taking further steps to hold Russia to account: designating 12 members of the Russian Duma, imposing new controls on U.S. luxury goods exports & imposing an import ban on Russian alcohol, seafood & non-industrial diamonds," Price said.

The U.S. Treasury continues to hold Russian officials to account for enabling Putin’s unjustified and unprovoked war.

“Today’s actions also further isolate the severely damaged Russian economy by prohibiting trade in products that are key to the economic and financial interests of all Russian elites,” said Secretary of the Treasury Janet L. Yellen.

Earlier, Apostrophe reported that Russia is being turned into a financial outcast. New tough sanctions are imposed against the aggressor include:

    -Revoking Russia’s Most-Favored Nation Status.

    -Denying Borrowing Privileges at Multilateral Financial Institutions

    -Full blocking Sanctions on Additional Russian Elites and their Family Members

    -Ban Export of Luxury Goods to Russia.

    -Ban the U.S. Import of Goods from Several Signature Sectors of Russia’s Economy.

    -New guidance by the Department of Treasury to Thwart Sanctions Evasion, including through Virtual Currency.

    -Create the Authority to Ban New Investment in Any Sector of the Russian Federation Economy.

The sanctions were announced by President Biden and G7 Leaders from Canada, France, Germany, Italy, Japan, and the United Kingdom as well as the European Union in order to hold Putin accountable for his continued assault on Ukraine and further isolate Russia from the global financial system. Each partner will implement actions consistent with their national processes.

These actions will collectively ramp up pressure on Putin and build on the unprecedented package of economic sanctions and export controls the United States and over 30 countries have already imposed on Russia. Today, the ruble is trading at its weakest level ever and is worth less than a penny; the Russian stock market is closed for the longest time in history; the Russian government’s credit rating has been downgraded to “junk” status, and we’re seeing a mass exodus from Russia by the private sector – the result of our historic, multilateral coordination and commitment to ensure that Putin’s war of choice is a strategic failure. Russia has now become a global economic and financial pariah,” the White House said.

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