War in Ukraine

Yellen: U.S. To Announce Fresh Russia Sanctions

Published

By Luffy Li/Aadil Brar

Open in App

​U.S. Treasury Secretary Janet Yellen says Washington is planning to unveil fresh sanctions against Russia to target imports via third countries. Yellen added that Washington will contribute US$20 billion to a US$50 billion G7 loan package for Ukraine, using profits from Russia's assets frozen since the beginning of the war.