The latest round of sanctions imposed on Russia by the Trump administration seem to be having a noticeable impact on the wallets of oligarchs in Russian President Vladimir Putin’s inner circle. The value of the Russian ruble has dropped by at least 2 percent, and the targeted oligarchs have reportedly lost roughly $16 billion.
On Friday, the U.S. Treasury Department announced that it would be imposing sanctions on 38 Russian individuals and entities, including 17 members of the Russian government. In a news release, the Treasury Department said that the sanctions were in response to Russian actions in Ukraine, its support …read more
Source: The Blaze
