Yellen says US to unveil new sanctions on Russian

FILE PHOTO: Russian recruits undergo combat training in Rostov region
FILE PHOTO: Recruits undergo combat assault training under the supervision of officers of Russia's Southern Military District in the course of Russia-Ukraine conflict, at a firing range in the Rostov region, Russia October 4, 2024. REUTERS/Sergey Pivovarov/ File Photo
Source: REUTERS

U.S. Treasury Secretary Janet Yellen said on Tuesday that the U.S. will unveil strong new sanctions aimed at curbing Russia's Ukraine war efforts, including "intermediaries in third countries that are supplying Russia with critical inputs for its military."

Yellen said in prepared remarks for a news conference at the start of International Monetary Fund and World Bank annual meetings that the Treasury is "working tirelessly to unlock the economic value of frozen Russian sovereign assets to aid Ukraine."

This article was produced by Reuters news agency. It has not been edited by Global South World.

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