AFP, Washington
Russia sanctions Biden, Trudeau, US, Canadian officials
Published: 15 March ,2022: 10:15 PM GSTUpdated: 15 March ,2022: 10:19 PM GST
Russia’s foreign ministry announced sanctions on US President Joe Biden and Canadian Prime Minister Justin Trudeau Tuesday alongside several officials in a reciprocal response to Western measures. The measures, also applied to US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin, “are the consequence of the extremely Russophobic policy pursued by” Washington, Moscow said in a statement. In a separate statement, Russia’s foreign ministry announced punitive measures against 313 Canadians including Trudeau and several of his ministers. For the latest headlines, follow our Google News channel online or via the app. In response to Russia’s military intervention in Ukraine, the US banned Russian President Vladimir Putin and Foreign Minister Sergey Lavrov while adopting sanctions largely cutting Russia off from the rest of the world financially. Moscow did not specify the exact nature of the measures, which it calls “personal sanctions” and a “stop list,” stating that they would be based on “the principle of reciprocity.” Also on the Russian list are US Chairman of the Joint Chiefs of Staff Mark Milley, National Security Advisor Jake Sullivan, Central Intelligence Agency Director William Burns and White House Press Secretary Jen Psaki. On the list too are Deputy National Security Advisor Daleep Singh, US Agency for International Development chief Samantha Power, Deputy Treasury Secretary Adewale Adeyemo, and US Export-Import Bank chief Reta Jo Lewis. Russia also banned from entry Biden’s son Hunter and former secretary of state and Democrat presidential candidate Hillary Clinton. The foreign ministry warned Moscow will soon announce additional sanctions against a range of “Russophobic” US officials, military officers, lawmakers, businessmen and media personalities.
https://english.alarabiya.net/News/world/2022/03/15/Russia-sanctions-Biden-Trudeau-US-Canadian-officials-Rus
Russia to spend $9 billion to rebuild supply chains, prime minister says
Russian Prime Minister Mikhail Mishustin chairs a meeting on improving Russia's economic resilience amid the sanctions, in Moscow, Russia March 11, 2022. Sputnik/Alexander Astafyev/Pool via REUTERS
March 15 (Reuters) - Russia plans to spend 1 trillion roubles ($9 billion) on what it refers to as anti-crisis measures, Prime Minister Mikhail Mishustin said on Tuesday, as the government tries to at least partially offset the impact of fresh western sanctions.
The plan includes more than 100 proposals and is to be updated, Mishustin said, to rebuild production and supply chains.
In particular, Russia wants countries forming the Eurasian Economic Union, or Armenia, Belarus, Kazakhstan and Kyrgyzstan, to increase limits for duty-free online purchases, fix the forex rate for import duties and prioritise goods including food, pharmaceutical products and equipment when it comes to custom checks.
Russia was largely cut-off from the global financial system and traditional supply chains after western nations imposed harsh sanctions on Moscow following its invasion to Ukraine on Feb. 24, sending the rouble to record-lows and boosting inflation.
($1 = 110.5070 roubles)
https://www.reuters.com/world/europe/russia-spend-9-bln-rebuild-supply-chains-pm-says-2022-03-15/
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