US Treasury warns of impact of sanctions against Russian debt

MOSCOW, Feb 2 (PRIME) -- Expansion of the U.S. sanctions to new Russian sovereign debt may destabilize global markets and spread beyond the country to have “negative spillover effects into global financial markets and businesses,” news agency Bloomberg reported on Friday quoting a U.S. Treasury report.

Earlier this week, U.S. listed 114 politicians, including the entire Kremlin administration, Prime Minister Dmitry Medvedev and all Russian ministers, 96 businessmen and firms with an annual income of over U.S. $2 billion for possible sanctions. Treasury Secretary Steven Mnuchin told the Congress said that new sanctions against Russia were to be introduced soon.

In August 2017, U.S. President Donald Trump signed a bill introducing additional sanctions against Russia.

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