Exclusive: Treasury says US warning to banks slows Russia financial flows

February 26, 2024

By Daphne Psaledakis, David Lawder and Andrea Shalal

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WASHINGTON, Feb 26 (Reuters) - Washington's threat to hit foreign financial institutions with sanctions has made a significant difference in financial flows between Russia and countries such as Turkey, the United Arab Emirates and Kazakhstan, said Deputy Treasury Secretary Wally Adeyemo.

Adeyemo, in an interview with Reuters, said data available to the U.S. Treasury Department - including reports from financial institutions - shows a decline in the movement of funds after Washington in December issued an executive order that threatened sanctions on financial institutions in third countries helping Russia skirt western sanctions imposed over its invasion of Ukraine.

US targets Russia with hundreds of sanctions over Ukraine war, Navalny death

February 23, 2024

By Daphne Psaledakis, David Brunnstrom and Timothy Gardner

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WASHINGTON, Feb 23 (Reuters) - The United States on Friday imposed extensive sanctions against Russia, targeting more than 500 people and entities to mark the second anniversary of Moscow's invasion of Ukraine and retaliate for the death of Russian opposition leader Alexei Navalny.

US to target Russia with more sanctions

February 23, 2024

By Daphne Psaledakis, Andrea Shalal and David Lawder

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WASHINGTON, Feb 22 (Reuters) - The United States will impose sanctions on over 500 targets on Friday in action marking the second anniversary of Russia's invasion of Ukraine, Deputy U.S. Treasury Secretary Wally Adeyemo told Reuters in an interview on Thursday.