“Key people” will also face “massive sanctions,” a top Commerce official said in a separate speech on Friday.
Harrell, who sits on the National Security Council, said the United States was prepared, immediately after an invasion of Ukraine, to impose “crippling financial costs on major Russian financial institutions as well as to impose a range of quite sweeping export controls that will degrade Russian industrial capacity over the mid and long term.”
Harrell said he hoped the hundreds of hours he and his colleagues had spent over the last couple of months developing measures would never see the light of day, but that they are prepared to impose the sweeping measures. Harrell did not detail the sectors, but other White House officials have mentioned aviation, maritime, robotics, artificial intelligence, quantum computing and defence.
“We and our allies have a full range of high-impact sanctions and export controls ready to go, both immediately after a Russian invasion and in waves to follow,” Horne said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US asks UN Security Council to meet on Russia, Ukraine - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The United States has asked that the United Nations Security Council meet publicly on Monday to discuss Russia's 'threatening behavior' against Ukraine and its troop build-upon Ukraine's borders and in Belarus, the US Ambassador to the United Nations said on Thursday. The request should be made by Ukraine 🇺🇦 every time Democrats are in charge of US they pick a fight what's wrong with them 🚮 But Russia is within its borders. They keep on saying Ukraine has every right to join Nato if it wants, Russia has no sayin that. But they have a problem with Russia moving its troops closer to the Ukrainian border, while they are still within Russian borders. Doesn't make sense
Source: SABCNews - 🏆 37. / 51 Read more »
LIVE: Patrick Shai's funeral service - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Late veteran actor Patrick Shai's funeral service will be held at the Soweto Theatre, south of Johannesburg. My children have been going to school on an empty stomach and coming back with no food in the house. I've been struggling to find a piece job and in my struggle my family is suffering. Please assist us with any food nearing their expiry date. For my children🙏🏻💔 It's well
Source: SABCNews - 🏆 37. / 51 Read more »