US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia – Economics Bitcoin News

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US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia – Economics Bitcoin News
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According to AP, two officials of the U.S. Treasury Department will travel to Europe later this month to stop European countries from providing any kind of support to the Russian Federation.

US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia

Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide Russia, threatening to cut trade if they don’t comply.The U.S. government is seeking to forcefully disable the trade relations that Russia still has with companies and countries in Europe.

Treasury officials Liz Rosenberg and Brian Nelson will embark on a tour that will include stops in Italy, Switzerland, and Germany. They will meet companies and financial institutions to try to coerce them into cutting ties with Russia or face a blockage of their trading activities with countries representing 50% of the global economy.

The tour will also include Kazakhstan, with the objective of stopping the country’s provision of material or intelligence services to Russia.While U.S. officials and politicians tout the slow growth of Russia as a result of economic sanctions, analysts claim the measures have beenfor the United States, pushing other nations to find and promote alternatives to the U.S. dollar in international markets.

Russia has managed to sidestep some of these sanctions by diverting its production to different markets that have been neutral in applying them. For example, Russia is now

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