The China Mail - US ups sanctions pressure on Moscow over Ukraine

USD -
AED 3.672497
AFN 69.999824
ALL 84.350005
AMD 383.819595
ANG 1.789699
AOA 916.999626
ARS 1371.512118
AUD 1.553215
AWG 1.8025
AZN 1.703721
BAM 1.708921
BBD 2.018218
BDT 122.195767
BGN 1.713402
BHD 0.377023
BIF 2942.5
BMD 1
BND 1.297101
BOB 6.907097
BRL 5.599897
BSD 0.999672
BTN 87.54407
BWP 13.649927
BYN 3.271194
BYR 19600
BZD 2.00782
CAD 1.385325
CDF 2890.000119
CHF 0.81342
CLF 0.024812
CLP 973.379545
CNY 7.20045
CNH 7.215245
COP 4186.71
CRC 505.122436
CUC 1
CUP 26.5
CVE 95.949786
CZK 21.52195
DJF 177.72007
DKK 6.53716
DOP 60.999632
DZD 130.924652
EGP 48.57532
ERN 15
ETB 138.197463
EUR 0.87579
FJD 2.271803
FKP 0.753407
GBP 0.757535
GEL 2.70093
GGP 0.753407
GHS 10.502932
GIP 0.753407
GMD 72.505525
GNF 8674.999949
GTQ 7.676882
GYD 209.126455
HKD 7.849925
HNL 26.350227
HRK 6.600697
HTG 131.169313
HUF 350.282046
IDR 16481.25
ILS 3.392025
IMP 0.753407
INR 87.623851
IQD 1310
IRR 42112.510995
ISK 124.529709
JEP 0.753407
JMD 159.943729
JOD 0.709047
JPY 150.687501
KES 129.502406
KGS 87.450282
KHR 4015.00011
KMF 431.497487
KPW 899.943686
KRW 1398.930138
KWD 0.306151
KYD 0.832958
KZT 539.837043
LAK 21580.000268
LBP 89550.000235
LKR 302.068634
LRD 200.999622
LSL 18.009872
LTL 2.95274
LVL 0.60489
LYD 5.414977
MAD 9.104002
MDL 17.212259
MGA 4430.00011
MKD 53.918885
MMK 2099.176207
MNT 3589.345014
MOP 8.082308
MRU 39.819728
MUR 46.650251
MVR 15.390753
MWK 1736.512585
MXN 18.876198
MYR 4.277499
MZN 63.960487
NAD 18.009593
NGN 1530.450049
NIO 36.750084
NOK 10.33181
NPR 140.070338
NZD 1.699745
OMR 0.384502
PAB 0.999585
PEN 3.568984
PGK 4.13025
PHP 58.3145
PKR 283.249737
PLN 3.745258
PYG 7486.402062
QAR 3.64075
RON 4.443988
RSD 102.596018
RUB 81.102213
RWF 1440
SAR 3.751238
SBD 8.244163
SCR 14.145032
SDG 600.49551
SEK 9.79465
SGD 1.298035
SHP 0.785843
SLE 22.999699
SLL 20969.503947
SOS 571.496651
SRD 36.815498
STD 20697.981008
STN 21.925
SVC 8.746368
SYP 13001.531245
SZL 18.010081
THB 32.798011
TJS 9.425981
TMT 3.51
TND 2.879709
TOP 2.342102
TRY 40.667005
TTD 6.786518
TWD 29.949009
TZS 2570.000301
UAH 41.696586
UGX 3583.302388
UYU 40.0886
UZS 12604.999807
VES 123.721575
VND 26211
VUV 119.302744
WST 2.758516
XAF 573.151008
XAG 0.027315
XAU 0.000304
XCD 2.70255
XCG 1.80154
XDR 0.69341
XOF 566.508796
XPF 104.925036
YER 240.65047
ZAR 18.215055
ZMK 9001.205074
ZMW 22.965115
ZWL 321.999592
  • SCU

    0.0000

    12.72

    0%

  • RBGPF

    0.5200

    74.94

    +0.69%

  • CMSC

    0.2500

    22.85

    +1.09%

  • BCC

    -1.0800

    83.81

    -1.29%

  • RELX

    0.1100

    51.89

    +0.21%

  • SCS

    0.0000

    10.33

    0%

  • CMSD

    0.2100

    23.27

    +0.9%

  • BCE

    -0.2000

    23.33

    -0.86%

  • NGG

    0.2000

    70.39

    +0.28%

  • RYCEF

    1.0800

    14.18

    +7.62%

  • RIO

    0.2800

    59.77

    +0.47%

  • GSK

    -1.8200

    37.15

    -4.9%

  • AZN

    -3.5000

    73.09

    -4.79%

  • JRI

    0.0200

    13.13

    +0.15%

  • BP

    -0.1000

    32.15

    -0.31%

  • VOD

    -0.2500

    10.81

    -2.31%

  • BTI

    0.5200

    53.68

    +0.97%

US ups sanctions pressure on Moscow over Ukraine
US ups sanctions pressure on Moscow over Ukraine

US ups sanctions pressure on Moscow over Ukraine

The United States on Tuesday warned Moscow of damaging sanctions, including high-tech export curbs, as Russian combat troops massing around Ukraine launched new exercises.

Text size:

"We are prepared to implement sanctions with massive consequences" that go far beyond previous measures implemented in 2014 after Russia invaded Ukraine's Crimea region, a senior US official said.

"The gradualism of the past is out," the official told reporters, speaking on condition of anonymity.

British Prime Minister Boris Johnson echoed the threat, saying sanctions would be "heavier than anything we've ever done before."

New measures would include restrictions on exports of high-tech US equipment in the artificial intelligence, quantum computing and aerospace sectors, the US official said.

"What we're talking about are sophisticated technologies that we design and produce" and cutting them off would hit President Vladimir Putin's "strategic ambitions to industrialize his economy quite hard," the official said.

In a bid to break the growing tension, French President Emmanuel Macron said he would talk by telephone with Putin on Friday, seeking "clarification" on Moscow's intentions.

- New Russian military exercises -

A day after Washington said it was putting 8,500 US troops on alert for possible deployment to bolster NATO forces in Europe, the Russian military announced it was conducting new drills involving 6,000 troops near Ukraine and within the Crimea region.

The drills included firing exercises with fighter jets, bombers, anti-aircraft systems and ships from the Black Sea and Caspian fleets, the defense ministry said.

According to Western officials, the Kremlin has already deployed more than 100,000 troops on Ukraine's borders, with reinforcements arriving from all over Russia.

"We continue to watch the accumulation of significant combat power," Pentagon spokesman John Kirby said.

According to White House Press Secretary Jen Psaki, the US assessment is that the risk of invasion "remains imminent."

Canada announced it was following Britain and the United States in pulling families of its diplomats out of Ukraine.

The United States and its EU allies accuse Russia of seeking to upend European stability by threatening invasion of Ukraine, a former Soviet republic striving to join NATO and other Western institutions.

Moscow denies plans to invade the country, where in addition to seizing Crimea it backs separatist forces controling a swath of eastern Ukraine.

Russia instead blames the West for the tension and has put forward a list of demands, including a guarantee that Ukraine never join NATO and that NATO forces already in the former Soviet bloc pull back.

- Energy threats -

Addressing European concerns that Russia could curb energy exports to heavily dependent Europe in retaliation against sanctions, the senior US official said Russia would also be hurting itself.

"If Russia decides to weaponize its supply of natural gas or crude oil, it wouldn't be without consequences to the Russian economy," a senior US official told reporters.

Although the European Union sources about 40 percent of its supply from Russia, Moscow also relies heavily on sales of energy for its national budget, meaning "it's an interdependency," the official said.

The United States and its European allies are scouring global markets for alternative energy sources to mitigate fallout from any conflict, as Europe already finds itself struggling with soaring mid-winter energy prices.

- Negotiating attempts -

Negotiations in European cities this month have failed to ease tensions, though US Secretary of State Antony Blinken and Russian Foreign Minister Sergei Lavrov agreed at a meeting in Geneva on Friday to keep talking.

In addition to the Macron-Putin talks later, the French government said Russian and Ukrainian officials would meet, along with French and German counterparts, in Paris on Wednesday.

Washington has promised to provide written answers to Moscow's demands this week, while already making clear that it rejects giving Russia a veto on Ukraine's aspirations to join NATO.

But the crisis has laid bare divisions in the West.

The new government in EU economic powerhouse Germany in particular has faced criticism from Kyiv over its refusal to send defensive weapons to Ukraine, as well as hesitating over one of the harshest economic sanctions under discussion -- cutting Moscow from the global SWIFT payments system.

- Weapons arrive -

Ukraine's military is heavily outgunned by Russia and no Western country is considering deploying troops to help repel any attack by Moscow.

However, the United States has stepped up deliveries of weapons, with Blinken on a visit to Kyiv last week confirming another $200 million in aid. A shipment arrived on Saturday and another batch was due Tuesday.

At a ceremony for the latest shipment arriving in Kyiv, US charge d'affaires Kristina Kvien said "our preference is diplomacy."

"If President Putin decides to make this reckless choice, we will provide additional defensive material to the Ukrainians above and beyond what we’ve already sent," she said.

burs-sms/mlm

I.Taylor--ThChM--ThChM