US Treasury Department in Washington.
US Treasury Department in Washington.
The sanction has immediate effect. What does this Treasury Department decision mean?
Find the validation of El Cazamentiras at the end of the news.
The United States on Monday prohibited all transactions with the Central Bank of Russia, announced the Treasury Department, a sanction of immediate effect and unprecedented severity taken in coordination with various allies of Washington, in response to the invasion of Ukraine.
(Due to the public interest that the events between Russia and Ukraine arouse, all our coverage of that invasion and related actions will have free access for all readers of EL TIEMPO)
“This decision has the effect of tying up all assets that the Central Bank of Russia has in the United States or in the hands of American persons,” a statement said, which will severely limit Moscow’s ability to defend its currency and support its economy.
DEVELOPING NEWS…
AFP
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