US to sanction Russian firms providing tech to Moscow's military - WSJ - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services to Moscow’s military and intelligence services, the Wall Street Journal reported on Friday.

Washington imposed fresh sanctions on dozens of Russian defense companies, hundreds of members of its parliament and the chief executive of the country's largest bank.Washington imposed fresh sanctions on dozens of Russian defense companies, hundreds of members of its parliament and the chief executive of the country's largest bank.

The US Treasury Department sanctions could be announced as early as next week, the report, citing US officials.Most of the companies that are expected to come under the reported sanctions – including Serniya Engineering and equipment maker Sertal – were earlier added to a US list banning exports of sensitive technologies to them, according to the report.The United States and its allies on Thursday ramped up pressure on Moscow over its invasion of Ukraine.

Washington imposed fresh sanctions on dozens of Russian defense companies, hundreds of members of its parliament and the chief executive of the country’s largest bank.

 

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Russia will do same. That is not Zimbabwe.

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