Market Updates
U.S. Bans New Investments in Russia, Sanctions on Putin's Adult Daughters
Barry Adams
06 Apr, 2022
New York City
U.S. ramps up pressure on Russian banks and state enterprises by placing a full block on the U.S. dollar denominated transactions. Moreover, President Biden's administration also placed personal sanctions on two adult daughters of President Putin, Prime Minister Mishustin and former president Medvedev. Biden's executive order also ban all new investments in Russia by Americans.
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