US imposes sanctions on hundreds of firms, countries linked to Russia’s weapons development program

News Snapshot:

The Treasury Department imposed sanctions on nearly 200 entities, while the State Department designated over 80 individuals and entities. Specifically, the US imposed sanctions on 20 companies based in China and Hong Kong. read more In a fresh wave of sanctions against Russia in response to the ongoing conflict in Ukraine, the US on Wednesday imposed new sanctions on hundreds of firms, countries and people tied to Russia’s weapons development program. The Treasury and State departments have accused over a dozen Chinese firms of aiding Russia in circumventing sanctions and individuals associated with the death of Russian dissident Alexey Navalny....