Russian Economy Pressured As Hundreds More Added To US Blacklist – By AFP News (IB Times) / May 19, 2023
The United States added hundreds more companies and individuals to its sanctions blacklist Friday as it broadened efforts to choke of Russia’s global supply chains and starve its economy over its war on Ukraine.
The new sanctions took particular aim at the firms and research institutes involved in Moscow’s investments into future energy production including plans for exploiting Artic resources.
They also sought to shut down networks for acquiring restricted technologies that operated surreptitiously out of Liechtenstein, India, Finland, Estonia, and the Netherlands, and Russian financial networks operating out of Switzerland and the United Arab Emirates.
And they targeted companies supplying components that Russia needs to produce its Orlan reconnaissance drone, including a Chinese firm.
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