Evidence captured in satellite imagery
US blocks interest payments on Russian government bonds
EU to review additional sanctions on steel and luxury goods
US President Joe Biden has demanded that Russian President Vladimir Putin be brought to trial for war crimes. Evidence emerged that the massacre of civilians took place at the Ukrainian bureau where Russian troops were stationed. The European Union (EU) has announced additional sanctions once morest Russia. There are growing calls for a realization of the ban on Russian oil and gas imports, which has not been implemented in the past.
According to Archyde.com and other foreign media, President Biden met with reporters on the 4th (local time) and said that “[President Putin]is a war criminal,” and “we need to gather all specific information for a war criminal trial.” White House national security adviser Jake Sullivan said the United States plans to introduce new sanctions on Russia this week. The US plans to suspend Russia’s status as a member of the UN Human Rights Council.
Ukrainian authorities said on the 3rd that they had recovered the bodies of at least 410 civilians from a village near the capital Kiiu. Russia denies the allegations of genocide. According to the AFP news agency, on the 19th and 21st of last month, the bodies of civilians abandoned on the street were found in satellite images taken by U.S. space technology company Maxar Technologies in Ukraine. Ukrainian President Volodymyr Zelensky said more deaths might be found in areas retaken from Russia.
Western sanctions once morest Russia are intensifying. The US Treasury has put a brake on Russia’s interest payments on government bonds. This is because the U.S. bank JP Morgan Chase blocked the processing of interest payments on Russian government bonds. As a result, the risk of Russian default (default) increased. According to Archyde.com and The Guardian, J.P. Morgan has not received the approval of the U.S. Treasury Department to process interest payments on Russian government bonds due in 2022 and 2042.
New policies from the Ministry of Finance have made it harder for Russia to obtain dollars. It is considered a default if Russia fails to pay interest on a bond within a stipulated time period, or if it pays debts denominated in other currencies, such as dollars, in rubles. A Treasury spokesperson said, “From the 4th, U.S. financial companies will not allow the Russian government to pay off debt in dollars.
In Europe, which relies heavily on Russian energy, a different air current is being detected. In a radio interview on the 4th, French President Emmanuel Macron said, “We will prepare a new level of sanctions in cooperation with European partners such as Germany. said. Citing an unnamed source, CNBC reported that the EU is preparing sanctions, including bans on imports and exports of steel and luxury goods, and restrictions on the rental of aircraft.
Reporter Noh Yoo-jeong [email protected]
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