
US announces sanctions against Kremlin-controlled media companies and bans Russia from using some American consulting services
CNN
The US announced a slate of new sanctions against Russia on Sunday, cutting off Kremlin-controlled media outlets from American advertisers and prohibiting the country from using US-provided management and accounting consulting services, according to a senior administration official and a White House fact sheet.
President Joe Biden and the leaders of the G-7 met virtually with Ukrainian President Volodymyr Zelensky on Sunday to discuss further actions the US and its allies are taking to punish Russia for its unprovoked invasion of Ukraine. The announcement also included new export controls against the Russian industrial sector and roughly 2,600 visa restrictions on Russian and Belarusian officials, as well as the first sanctions against executives of Gazprombank, the institution through which most of Europe buys Russian gas.
The raft of US and Western sanctions imposed since Russia's invasion of Ukraine earlier this year has pushed the Russian economy into a deep recession as it makes the difficult transition to becoming a closed economy.