US to ‘maximise pain' for Russia with heavy sanctions
The Independent|January 26, 2022
Sanctions for Putin’s government, readied by the US and allies, could include severe financial measures, The Independent has been told.
ANNA ISAAC

The United States is preparing a sweeping tranche of economic sanctions to “maximise pain in the Kremlin” if Russia invades Ukraine, The Independent has been told by a US government source. These could include blocking financial transfers from Russia’s three biggest banks, two additional sources said.

Some 100,000 Russian troops are believed to have been deployed to by Moscow to Ukraine’s border with Belarus. British armed forces minister, James Heappey, has said that Russian forces are already in Ukraine. Experts on the region said that an invasion was now more probable than not.

The first US official quoted above said that the US, working with its partners and allies is “preparing massive sanctions” that are far beyond any measures which were on the table in 2014, when Russia annexed Crimea. These could include export controls, as well as financial sanctions. They will be designed to “maximise pain the Kremlin while also minimizing the spillover” elsewhere, the US government source said.

Continue reading your story on the app

Continue reading your story in the newspaper

MORE STORIES FROM THE INDEPENDENTView All

Ten Hag vows to be his own man as daunting task begins

Erik ten Hag ponders the challenge ahead at Old Trafford yesterday

4 mins read
The Independent
May 24, 2022

Labour to oppose amnesty for Troubles-era soldiers

The government has failed to secure cross-party support for its flagship proposals on the Northern Ireland peace process.

1 min read
The Independent
May 24, 2022

Ex-Tory MP who assaulted teen is jailed for 18 months

Disgraced former Tory MP Imran Ahmad Khan has been sentenced to 18 months in prison for sexually assaulting a 15year-old boy.

3 mins read
The Independent
May 24, 2022

The Queen tours Chelsea Flower Show in a buggy

Queen Elizabeth II attends the garden show in a bright pink jacket and white floral dress

1 min read
The Independent
May 24, 2022

UN criticises 'homophobic' reporting of monkeypox

UNAids has warned against 'stigmatising rhetoric' in the media

1 min read
The Independent
May 24, 2022

Monkeypox cases almost triple over weekend to 57

The UK is one of more than a dozen countries reporting infections from the virus

2 mins read
The Independent
May 24, 2022

'Ashamed': Diplomat from Russia quits over invasion

Boris Bondarev railed against Moscow's 'warmongering, lies and hatred'

2 mins read
The Independent
May 24, 2022

Russian soldier handed life sentence for war crimes

Vadim Shishimarin, attending a court in Kyiv yesterday, was found guilty of killing a civilian

1 min read
The Independent
May 24, 2022

The names to look out for in Sue Gray's Partygate report

The Whitehall mandarin tasked with examining rule-breaking parties in No 10 is expected to publish her findings in the coming days.

2 mins read
The Independent
May 24, 2022

Photos emerge of Johnson at lockdown party in 2020

Boris Johnson's premiership has been thrust deeper into peril with the publication of photographs showing him drinking wine with Downing Street staff in the depths of England's second Covid lockdown in 2020.

4 mins read
The Independent
May 24, 2022
RELATED STORIES

DEADLY ILLNESS TARGETS KIDS!

Mystery hepatitis outbreak linked to China virus leak

2 mins read
National Enquirer
May 16, 2022

MCDONALD'S ERA IN RUSSIA COMING TO A CLOSE, RESTAURANTS SOLD

McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet Union.

2 mins read
Techlife News
May 21, 2022

GOOGLE'S RUSSIAN BUSINESS PLANS TO FILE FOR BANKRUPTCY

Google says its Russian subsidiary is planning to file for bankruptcy because it can’t pay staff and suppliers.

1 min read
Techlife News
May 21, 2022

PARK OUTDOORS: FORD RECALLS SUVS DUE TO ENGINE FIRE RISK

Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that should be parked outdoors because the engines can catch fire.

2 mins read
Techlife News
May 21, 2022

Original Gangster

PEAVEY HP 2

3 mins read
Guitar World
July 2022

No Quick Fix

Two national companies took over the motorized wheelchair industry. Disabled customers have been paying the price.

4 mins read
Mother Jones
May/June 2022

THEIR FIGHT IS OUR FIGHT

The truth is kryptonite for authoritarians and oligarchs-in Russia, and here at home.

4 mins read
Mother Jones
May/June 2022

“THEY'RE NOT HUMAN BEINGS”

Ukraine and the words that lead to mass murder

10+ mins read
The Atlantic
June 2022

The best free VPN: It's important to choose wisely

VPNs are best when they’re paid for, but if a premium account isn’t in the cards then here are our top recommendations for a free service.

5 mins read
PCWorld
May 2022

‘Division of the World Is Inevitable'

Countries need to choose whether to align with autocrats or democracies, says a former NATO Secretary-General

10 mins read
Newsweek
May 20 - 27, 2022 (Double Issue)