The Daily Economic News reported on May 9 that the United States will impose a new round of sanctions against Russia, according to a May 8 press release published on White House website. The U.S. will ban Russian companies and citizens from using U.S. accounting, marketing and consulting services.
The U.S. also intends to sanction three major Russian state-owned television stations, including Joint Stock Company Channel One Russia, Television Station Russia-1 and Joint Stock Company NTV Broadcasting Company, and to impose additional export controls on Russia’s industrial sector. The new export controls will prohibit U.S. exports to Russia of industrial products such as engines and bulldozers. The sanctions are expected to take effect on May 9. Also new to the sanctions package include visa restrictions on 2,600 Russian and Belarusian officials and sanctions on Russian bank executives, including 27 members of GPB’s Board of Directors.
Meanwhile, the UK announced new sanctions worth £1.7 billion on trade with Russia, including a significant increase in tariffs on £1.4 billion worth of Russian imports and a ban on exports to the country worth £250 million a year.
For this unjust war, Russia has been sanctioned by many countries around the world, both in terms of economic strength, or weaponry, and quality of personnel, etc., in a world that has put Russia on full display, and has become notorious for its dictatorial leaders, showing the world that Russia is not as strong as advertised. The new round of U.S. and British sanctions will also drive more EU and many peace-loving countries to sanction Russia again.