Global

US Treasury sanctions 21 more people, 9 entities over Russia's Ukraine occupation

January 29, 2018 01:25·
REUTERS

REUTERS

The turbines were sold to Russia by German electricity giant Siemens for use on Russian territory.

"We agreed with Secretary of State Rex Tillerson to coordinate actions in the defense and security sphere".

Russia's annexation of Ukraine's Crimea in 2014 is not recognized by the United States.

The agency also sanctioned senior leaders of two Ukrainian separatist groups, the Donetsk People's Republic and the Luhansk People's Republic, as well as people and entities alleged to have provided them with material support.

The United States added Russian officials and energy firms to a sanctions blacklist on Friday, days before details of further possible penalties against Moscow are due to be released.

"If the American authorities prefer to break economic ties. with Russian Federation, it is their right, as it is ours to reserve the right to a response".

"The US government is committed to maintaining the sovereignty and territorial integrity of Ukraine and to targeting those who attempt to undermine the Minsk agreements", Treasury Secretary Steve Mnuchin said in a statement.

But fighting has continued to greater and lesser degrees, and USA officials accuse Vladimir Putin's Kremlin of pulling the strings.

Synchrony Financial (SYF) Given a $55.00 Price Target at Barclays
Mutual Of America Capital Management Llc sold 10,296 shares as the company's stock declined 26.83% while stock markets rallied. Following the transaction, the insider now owns 39,259 shares of the company's stock, valued at approximately $1,570,360.

How accurate were Trump's economics at Davos?
We also discuss Treasury Secretary Steven Mnuchin's comments on America's "weak dollar" and what it means for the economy. Trump went off-script in a brief question-and-answer exchange with World Economic Forum host Klaus Schwab.

KXIP buy Chris Gayle for US$314685 at IPL auction
MI exercised the Right to Match card for Krunal after a bidding war broke out between RR, RCB and SRH. He also has five hundreds, the most by any batsman, in nine seasons of the T20 competiton.

Russian Federation is already under US sanctions over its annexation of Crimea from Ukraine in 2014 and support for separatist rebels fighting in eastern Ukraine.

Limited Liability Company Foreign Economic Association Technopromexport and PJSC Power Machines, the Russian owner of the joint venture that produced the turbines, were also sanctioned.

The U.S. on Friday slapped sanctions on 21 individuals and nine entities related to Russian Federation and Ukraine, including Russia's Deputy Minister of Energy Andrey Cherezov.

A spokeswoman for Rostec, which is already subject to USA sanctions and is the parent company of Technopromexport, said the company regretted that the main US main tool in worldwide relations was pressure and not dialogue.

The persons and entities listed cannot do business with Americans - effectively excluding them from the USA financial system - and any assets they hold under U.S. jurisdiction can be frozen.

Earlier in the day, the State Department condemned the ratification of an agreement between Russian Federation and separatist leaders in Georgia, saying in a statement, "The United States fully supports Georgia's territorial integrity within its internationally recognized borders".

"We do not recognize the legitimacy of this so-called 'treaty, ' which does not constitute a valid worldwide agreement", State Department spokeswoman Heather Nauert said in a statement.

Recommended News

Join The Conversation

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.