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Iron Curtain continues to fall for Russia due to the unleashing of a cynical war against Ukraine. In just three days, the West adopted a number of new hellish sanctions against the Russian Federation.
Ukrainian Foreign Minister Dmitry Kuleba listed a list of 10 “new blows” to the Russian economy, financial system and trade.
List of new sanctions against Russia
The US, UK, EU and G7 have completely banned all new investments in Russia.
The US, EU and G7 have imposed new sanctions against Russia's largest banks: Alfa-Bank and Sberbank. Kuleba noted that the United States has already blocked 2/3 of the Russian banking sector.
Putin's daughters, Lavrov's daughter and wife, Russian Prime Minister Mikhail Mishustin, and ex-Prime Minister Dmitry Medvedev fell under the new sanctions.
Great Britain froze the assets of the Moscow Credit Bank, imposed sanctions against the oligarchs Boris Rotenberg and Leonid Mikhelson.
The European Union and 18 countries (Poland, Romania, Slovenia, Greece, Portugal, Estonia, Latvia, the Czech Republic, the Netherlands, Belgium, Ireland, North Macedonia, Luxembourg, Italy, Germany, France, Sweden, Denmark) together kicked out 318 Russian diplomats.
The Netherlands arrested 14 yachts belonging to Russian citizens.
Denmark has frozen the assets of Russian citizens in the amount of $11.8 million.
The US Treasury has suspended Russia's ability to service debt on blocked accounts in American banks.
As Kuleba noted, on April 6, “Russia for the first time failed to make a payment in foreign currency and reached the finish line to default.
The United States will apply a complete block to a number of the largest state-owned enterprises of the Russian Federation. It is reported that the list will be published on April 7.
The tenth item on Kuleba's list is the draft 5th EU sanctions package. It assumes:
- a ban on imports of Russian coal in the amount of 4 billion euros per year;
- a complete ban on transactions for 4 Russian banks, including VTB (23% of the banking sector);
- banning Russian ships from accessing EU ports;
- banning Russian and Belarusian road carriers, which will drastically limit the ability of Russian industry to obtain key goods;
- targeted export bans €10 billion worth of goods in sensitive areas.