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UK SLAMS THE HARSHEST AND MOST PUNITIVE SANCTIONS ON RUSSIA

UK SLAMS THE HARSHEST AND MOST PUNITIVE SANCTIONS ON RUSSIA

Breaking News
The UK Prime Minister, Boris Johnson seeks to punish Russia via the “largest and most severe package of economic sanctions that Russia has ever seen” for commanding an invasion of Ukraine. These sanctions include: – An intention to impose asset freeze on all major Russian banks, including immediately against VTB, the second largest bank with assets totalling £154 billion. – Legislation to be introduced and come into force on Tuesday to prohibit the ability of all major Russian companies to raise finance on the UK markets and to ban the Russian state from raising sovereign debt on the UK markets. – Individual sanctions against more than 100 individuals, entities and subsidiaries including Rostec, Russia’s biggest defence company said to employ more than two million people with ...

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