Jeremy Diamond

@JDiamond1 ↗

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Last Checked May 9, 2022

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Thu Feb 24 19:40:33 +0000 2022

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Jeremy Diamond @JDiamond1

As for the banking sanctions: the two biggest targets are Sberbank & VTB. Sberbank holds 1/3 of all bank assets in Russia, per Treasury. It will now be subject to "Correspondent and Payable-Through Account Sanctions," meaning: https://t.co/UNKr8Ntz0N — PolitiTweet.org

Posted Feb. 24, 2022

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Jeremy Diamond @JDiamond1

And the details on export controls, which will restrict Russia's access to key technologies used to enhance its military capabilities: The Commerce Department says these include semiconductors, computers, telecomms, information security equipment, lasers & sensors. https://t.co/aHkdtZtQyf — PolitiTweet.org

Posted Feb. 24, 2022

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Jeremy Diamond @JDiamond1

As for VTB, which holds nearly 20% of Russian bank assets, the Treasury Department is imposing full blocking sanctions, freezing all the banks assets in the US https://t.co/a8qQ2hLEl2 — PolitiTweet.org

Posted Feb. 24, 2022