Browsing: Russian Invasion of Ukraine

Newsbytes Adeyemo: U.S. to Step Up Enforcement of Russian Sanctions

Nearly a year after the start of the Russian invasion of Ukraine, the U.S. and its allies are continuing to pressure companies and financial institutions worldwide to sever their economic ties to Russia, Deputy Secretary of the Treasury Wally Adeyemo said this week.

Economy Brainard reflects on effects of COVID, war on inflation

The “relative inelasticity of supply in key sectors” sets the economy of the past three years (encompassing the COVID-19 pandemic and the Russian war in Ukraine) apart from the 30-year period prior, Federal Reserve Vice Chair Lael Brainard said.

Compliance and Risk Joint task force blocks $30B of Russian assets

A dedicated international task force focused on executing sanctions against Russia has blocked or frozen more than $30 billion worth of sanctioned Russian assets in financial accounts and economic resources, and immobilized approximately $300 billion worth of Russian Central Bank Assets, according to a press release issued by the Treasury Department.

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