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U.S., allies to announce Russia sanctions on Wednesday

US Materials 5 April 2022 21:38 (UTC +04:00)

The United States and its allies will announce a sweeping new round of Russia-related sanctions on Wednesday, a source familiar with the planned announcement said, Trend reports citing Reuters.

The sanctions will ban on all new investments in Russia, increase curbs on financial institutions and state-owned enterprises in Russia, and target Russian government officials and their families, the source said on Tuesday.

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