President Joe Biden’s announcement to withdraw all remaining u.s.

[ U.S. to Sanction Russia, Expel Diplomats Over Alleged Election Interference, Hacking ]

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U.S. to Sanction Russia, Expel Diplomats Over Alleged Election Interference, Hacking

WASHINGTON’The Biden administration will impose a range of retaliatory measures against Russia on Thursday in response to Moscow’s alleged election interference, a widespread hacking campaign and other malign activity, according to people familiar with the matter.

Using a new executive order, the measure will expand the existing prohibitions on U.S. banks trading in Russian government debt, two of the people said. Previous prohibitions targeting portions of Russian sovereign debt shook Russia’s markets and added to its economic woes.

That order prohibits U.S. financial institutions from buying new bonds directly from Russia’s central bank, finance ministry and the country’s massive sovereign-wealth fund after June 14.

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Publisher: WSJ
Date: 2021-04-15T04:29:00.000Z
Author: Michael R Gordon Dustin Volz and Vivian Salama
Twitter: @WSJ
Reference: Visit Source (Read Article)

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