Summary

The US has imposed sanctions on Gazprombank, Russia’s last major bank not previously blacklisted, and its six international subsidiaries, effectively cutting it off from global finance.

Previously spared to maintain European gas flows, the bank is now targeted due to its alleged role in financing Russia’s military and supporting the Ukraine war.

Over 50 other Russian banks and 15 officials were also sanctioned, with warnings issued against institutions using Russia’s alternative financial messaging system.

    • ℍ𝕂-𝟞𝟝
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      91 month ago

      Judging by how the US works, I wouldn’t be surprised if the current admin treated pissing off the wealthy as a step beyond nukes.

    • @[email protected]
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      41 month ago

      Yeah, let’s maybe exhaust all the options that don’t involve open conflict between nuclear powers before we start playing will-they-won’t-they with escalation to mutually assured destruction