America Expands Sanctions on Russia: We Will Limit Their Ability for Destabilizing Actions

SARAJEVO, (Patria) - The United States is expanding sanctions on the Russian central bank in a move that will prevent Americans from engaging in any transactions with it and freeze all assets it holds in the US.

In a statement today, the US Department of the Treasury stated that the decision will apply to the Central Bank of the Russian Federation, the Russian National Wealth Fund – managed by a close ally of Vladimir Putin – and its Ministry of Finance.

Secretary Janet Yellen said: "The unprecedented action we are taking today will significantly limit Russia's ability to use assets to finance its destabilizing activities and targets the assets on which Vladimir Putin and his inner circle depend to enable his invasion of Ukraine."

"Today, in coordination with partners and allies, we are fulfilling key commitments to limit Russia's access to these valuable resources," she added.

We remind you that it is the fifth day of Russian aggression against Ukraine, and the US, EU, and numerous Western countries are introducing various forms of sanctions against Russia and its leadership.