EXPLAINER: A look at U.S. steps taken, and not, against Russia
Starving Russia’s businesses, military of U.S. high-tech
By “reducing their ability to compete economically,” the high-tech limits will be a “major hit to long-term strategic ambitions,” Biden said. The U.S. response could add Russia to the most restrictive group of countries for export control purposes, joining Cuba, Iran, North Korea and Syria. “Our sanctions package is specifically designed to allow energy payments to continue,” Biden said in his White House address Thursday.
Leaders of Germany, with its numerous business ties to Russia, had publicly expressed skepticism about banning SWIFT. The individual sanctions announced by the United States also spared the prime mover in a Russian invasion that has shaken the security networks of Europe and the world — Putin himself. Individual European sanctions also appear to spare Putin.
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