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Global ResearchNov 17, 2022
US Expands Sanctions Against Russia
Above: U.S. Secretary of the Treasury Janet Yellen speaks during the Financial Stability Oversight Council Conference on Artificial Intelligence & Financial Stability at the U.S. Treasury Department on June 06, 2024 in Washington, DC. Image copyright: Anna Moneymaker/Staff/Getty Images News via Getty Images
The Facts
The US Treasury Department on Wednesday announced an array of new sanctions targeting more than 300 entities and individuals it accused of facilitating Russia's "unjust war of choice" against Ukraine.
Along with entities in Russia, Turkey, and the United Arab Emirates, the sanctions include dozens of China-based companies "whose products and services enable Russia to sustain its war effort and evade sanctions."
The Spin
Pro-establishment narrative
These fresh sanctions underscore the US' commitment to crippling the Russian war machine and continuing to firmly stand by Ukraine. Despite several rounds of trade restrictions, Russia has partly managed to circumvent the curbs by importing what it needs through third countries or clandestine intermediary networks. However, the new sanctions and the combined economic power of the US and the G7 will help ensure that Russia's aggression against Ukraine comes to an end.
Establishment-critical narrative
Washington and its proxies are again shooting themselves in the foot, as the "sanctions sword" with which the collective West wants to impose its will on other countries has long been blunt. Washington isn't concerned with Ukraine, but only with maintaining its crumbling hegemony. However, Russia has adapted to the string of hostile measures and will emerge stronger and more competitive from the economic war, while the West's decline will continue.