Today, Friday, the US Treasury Department imposed new sanctions on Russian banks and targeted the Russian mining and mining sector, with more than 30 individuals and companies from Switzerland, Germany and other countries being held accountable for helping Moscow finance its war against Ukraine, which entered its second year.

The new sanctions, announced on the first anniversary of the Russian invasion, target 22 Russian figures and 83 organizations, the ministry said in a statement that Washington said would further isolate Russia from the global economy.

“Our sanctions have had an impact both in the short and long term, as can be seen in particular in Russia’s difficulty rebuilding its stockpile of weapons and the isolation of its economy,” Treasury Secretary Janet Yellen said in a statement.

The statement added that the latest measures were intended to “thwart President Vladimir Putin’s regime from raising funds to support the war” by targeting banks, wealth management companies and figures in the Russian financial services sector.

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