: :inin Kyiv (EET)

Sweeping new US and EU sanctions target Russia’s banks and oil companies

Putin remains defiant as Russian companies such as Sberbank and Gazprom are barred from western capital in dramatic sanctions over Ukraine Armoured Russian vehicle seen inside Ukraine Despair in Luhansk after weeks of fire, fighting and GradsRussias largest banks, oil producers and defence companies will be cut off from international finance and technology under sweeping new economic sanctions announced by the US and Europe that substantially escalate western political pressure over Ukraine.In coordinated moves that may unnerve already jittery financial markets, the US Treasury and European Union announced on Friday that Russias largest bank, Sberbank, would be barred from accessing …read more

Source: The Guardian

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