U.S. imposes wide array of sanctions on Russia

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IslamNews – The United States on Thursday imposed a broad array of sanctions on Russia, including curbs to its sovereign debt market, to punish it for interfering in last year’s U.S. election, cyber-hacking, bullying Ukraine and other alleged “malign” actions.

The U.S. government blacklisted Russian companies, expelled Russian diplomats and barred U.S. banks from buying sovereign bonds from Russia’s central bank, national wealth fund and finance ministry. Washington also warned the Kremlin that more penalties were possible though the United States said it did not want to escalate.

Moscow reacted angrily, saying this dangerously raised the temperature between the two countries and called into question a possible summit between the U.S. and Russian leaders. It also summoned the U.S. ambassador for a diplomatic dressing-down.

Russia denies meddling in U.S. elections, orchestrating a cyber hack that used U.S. tech company SolarWinds Corp (SWI.N) to penetrate U.S. government networks and using a nerve agent to poison Kremlin critic Alexei Navalny.

Source: Reuters