WORLD
US, the European Union, UK and Canada have sealed the assets of President Putin and foreign minister Sergei Lavrov. US has also imposed a travel ban.
Ukraine-Russia war: After the invasion on Ukraine, major economies of the world, including the West, have imposed strict sanctions against Russia. Russian President Vladimir Putin said that the sanctions imposed on his country are like a declaration of war. Many countries, including the United States have also taken strong action against Putin and his allies.
Western countries, including the US, have announced the following sanctions that will seriously hurt Russia's economy.
The US, the European Union, Britain and Canada have sealed the assets of President Vladimir Putin and his foreign minister, Sergei Lavrov. The United States has also imposed a travel ban on both the leaders. But the European Union has not done so because if the situation gets better then they may sit on the discussion table.
However, the European Union has imposed sanctions on other Russian leaders and officials. These include the Deputy Prime Minister of Russia. Putin has joined three world leaders who have been blacklisted by the European Union. These include Bashar al-Assad of Syria and Alexander Lukashenko of Belarus.
Meanwhile, Canadian Prime Minister Justin Trudeau has said that his country will impose sanctions on 10 individuals close to Russian President Vladimir Putin.
Read | Ukraine-Russia Round 3 talks: Kyiv calls humanitarian corridor 'unethical stunt', 7 points
The US, the European Union and the UK have blacklisted prominent Russian industrialists including business tycoon Alisher Usmanov. Igor Sechin, chief executive officer of Rosneft, Russia's largest oil producer and Nikolai Tokarev, head of oil producer Transneft are included in the list.
Canada and Australia have also announced some restrictions. Australia has imposed strict sanctions on many prominent Russian citizens and parliamentarians.
The US, the European Union, Switzerland, Japan, Canada and other countries have banned all transactions with Russia's central bank, finance ministry and wealth funds. The foreign properties of these three institutions have also been sealed.
Russia's 7 banks were taken out of the SWIFT messaging system. Due to which these banks will not be able to do global transactions. Visa, MasterCard, American Express, PayPal and other payment networks have been blocked in Russia.
The European Union, the US, Canada and the UK have closed their airspace to Russia. All Russian aircraft are banned from taking off or landing in its territory. The European Union has banned the export, sale, supply or transfer of all aircraft, their parts and equipment to Russia.
The US and the European Union have already imposed sanctions on Russia's energy and defence sectors. These include various gas companies of Russia.
The United States is controlling exports of semiconductors, computers, telecommunications, information security equipment, lasers and sensors, preventing Russia from supplying these products, which are necessary to maintain military capabilities.
Top 3 iconic cricket rivalries
Couple recreates dance with same friend squad for sangeet after 10 years, watch viral video
Meet actor who served during Kargil War, put his career on hold for..., he is...
RCB captain announcement LIVE Updates: Rajat Patidar to lead team in IPL 2025
Ranveer Allahbadia cries in viral video over..., the truth behind it will shock you
Meet actress who is queen of Rs 500 cr club, set to enter again with..., she is...
Rohit Shetty teases 'biggest love story of 2025' feat Ranveer Singh and.., fans react
Hajj 2025: You can't take your children to Hajj this year due to...
Aly Goni supports Samay Raina because..., says he was forced to...
Students' farewell dance on SRK's 'Aankhein Khuli' steals the show, watch viral video
World’s longest railway station has 44 platforms, 67 tracks, has secret platform, located in…
New Income Tax Bill likely to be introduced in parliament today; here's what to expect
Meet IIT-JEE topper with 300 marks in JEE Mains Session 1 Result 2025, advices students not to...
Rozlyn Khan files defamation case against Ankita Lokhande: 'A woman who could use...'
PM Modi US visit: PM Modi arrives at Blair House, greets members of Indian diaspora
Meet son of billionaire whose net worth is Rs 77,280 crore, leads business empire in Australia as...
Happy Kiss Day 2025: Wishes, WhatsApp messages, images, quotes to share with your lover
Why Jasprit Bumrah was ruled out of Champions Trophy 2025? Report says Ajit Agarkar...
Meet woman, who studied 17-18 hours daily, cracked UPSC in sixth attempt with AIR..., she is...
DNA TV Show: Delhi Police searches for AAP MLA Amanatullah Khan in threat case
ICC Champions Trophy 2025 warm-up fixtures: Will India play any practice game before mega event?
Meet man, IIT graduate, who once worked at Google, OpenAI, now owns...
BTC X8 Bumex Review 2025: Scam or Legit Trading Platform? Quick facts
AR Rahman comments on future of music, worries about THIS genre: 'We have lost all…’
UPSC introduces changes in online application process after aspirants' complaints; check here
TRAI's BIG move, introduces new rules against pesky calls, messages, fines telcos for...
Vir Das breaks his silence on India’s Got Latent controversy: 'A good artist will always…'
Who was Kim Rieul? Korean designer behind BTS and MONSTA X’s modern hanboks passes away at 32
Trade Compliance Meets Cybersecurity: Forensic Strategies for Risk Management
Enabling governance to organizations within AWS marketplace: A look at private marketplace
R Madhavan makes BIG STATEMENT about his bank account: 'I don't know how much I have and...'
Asense Interior: Celebrating 11 Years of Redefining Luxury Interiors in Bengaluru
Snow Moon 2025: When and how to witness February's full moon tonight? Know here
Kiss Day 2025: Why do we celebrate this day? Know history and significance
DNA Verified: Is Rashtrapati Bhavan hosting a wedding for the FIRST time? Know truth here
India's retail inflation slows to 4.31 per cent in January due to...
WATCH: Maha Kumbh girl Mona Lisa starts training before filming her 1st movie alongside Anupam Kher
Radhika Merchant stuns in blue and green suit at MahaKumbh Mela, it costs Rs....
BIG move by Mukesh Ambani, Reliance partners with US company, set to drive...
IND v ENG: Why are India and England players wearing green arm bands in 3rd ODI at Ahmedabad?
Tripti Dimri sets major beachwear goals in Maldives; can you guess price of her swimsuit?
Mitolyn Supplement Reviews: Ingredients, benefits, side effects, purple peel exploit
Gaurav Sharma: Visionary leader driving cybersecurity excellence
All About Details: Turning ordinary outfits into statement looks
Duolingo owl is dead? Launguage learning app urges users to respect Dua Lipa's privacy, know why
Why digitisation is necessary in construction industry and why its adoption remains slow
Meet IIT-JEE topper, who created record in Odisha by scoring 99.98 percentile, aims to join...
When is Shab-e-Barat 2025 – February 13 or 14? Check history, significance
THIS is India's last railway station where train never stops, know why
GBS outbreak: Mumbai reports its first death due to Guillain-Barre Syndrome
Ram Gopal Varma questions Rajinikanth's acting, says 'I don’t know if he can exist without...'