Business Maverick: Ukraine Latest: US Says It Has Slowed Tech Goods to Russia

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Restrictions by the US and its allies have led to a fall in more than half of Russia’s imports of high-tech goods and parts, hurting its manufacturing and military sectors, a Biden administration official said.

A senior U.S. diplomat again warned China of sanctions if it offers “material support” for Vladimir Putin’s war in Ukraine, while also pledging to help India end its dependence on Russian weapons.

“The Russian military is struggling to find spare parts for their tanks, for their satellites, for their rocket-mounting systems,” Raimondo told reporters in Washington.Garland Says Aiding War Crimes Inquiry Applicants must be Ukrainian nationals who lived in Ukraine as of Feb. 11, have U.S. sponsors, get vaccinations, and undergo security vetting. Immigration officials will then consider their applications on a case-by-case basis, the DHS said. The Biden administration last month committed to taking in up to 100,000 Ukrainian refugees.Russia was suspended as an observer at the Organization of American States, a move the U.S.

In the short term, Ukraine needs $4 billion to $5 billion per month in funding, Shmyhal said at a roundtable aimed at rallying support for the country. In the longer term, the nation needs a recovery strategy similar to the Marshall Plan for Europe after World War II, he said.Ukraine Prime Minister Denys Shmyhal met with Biden before the U.S. president announced additional military aid and, separately, Shmyhal spoke with Yellen and Blinken.

 

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