US Imposing Sanctions For Putin And Other Russian Leaders, These Are Comments By Finance Minister Janet Yellen
JAKARTA - The United States imposed sanctions on Friday February 25 against Russian President Vladimir Putin, Foreign Minister Sergei Lavrov, Defense Minister Sergei Shoigu and Chief of General Staff Valery Gerasimov over Russia's invasion of Ukraine, the US Treasury Department announced.
"We are united with our allies and international partners to ensure Russia pays a huge economic and diplomatic price for a further invasion of Ukraine," Treasury Secretary Janet Yellen said in a statement.
"If necessary, we are ready to impose further costs on Russia for its appalling behavior on the world stage," he said.
The Treasury Department will also impose "full blocking sanctions" on the state-owned Russian Direct Investment Fund, a White House spokesman said in a tweet on Friday.
The fund is a financial entity that functions as a sovereign wealth fund and is designed to attract capital to high-growth sectors.