The United States government will impose another tranche of sanctions on Russian leader Vladimir Putin and Foreign Minister Sergey Lavrov.
The move is the latest blow to the Russian economy and the country's oligarchs since the unprovoked invasion of Ukraine.
It is undoubtedly the most personal.
The news from the White House coincided with announcements from the United Kingdom and European Union also imposing sanctions against Putin and Lavrov.
As CNBC notes:
Twice this week, the United States has announced new sanctions against Russia's largest banks and its sovereign debt, cutting them off from the U.S. banking system.
It also comes amid clashes between Russian soldiers and Ukrainian forces in the capital city of Kyiv after fighting their way through the suburbs.
Even Ukraine's former president has taken up arms against the invaders.
Yet despite the promising resistance and harsher rhetoric from Washington, it remains unclear how damaging the sanctions against Putin will be.
Per CNBC:
Putin publicly claims his salary of roughly $140,000 as his only source of income, and lists his assets as two apartments and a few vehicles.
In reality, Putin lives in a palatial home larger than Buckingham Palace, and has been photographed repeatedly wearing watches that cost hundreds of thousands of dollars.
Experts and former Kremlin insiders believe Putin is worth billions of dollars, and that he uses the global shadow banking system to hide his money.
So, what do you think? Will these latest sanctions influence Putin's decision-making? Tell us in the comments below!
Ok.
We have precision ordinance.
How about planting a couple dozen among the rooskie invader camps from a far.
I’ll bet the met fleet is tied off in Spain.
Putin could care less about the sanctions And he knows Biden is a completely useless scumbag who is thinking his crimes that he and his son and family committed in Ukrainian will go away now if Russia takes over the country. Biden is a criminal himself and should really be behind bars!
what Putin needs is a force that can show him the real cost of invading a sovereign country, something that will reduce his air power and troupe strength to manageable proportions.