By Western sanctions and Russia’s retaliation On February 22, 2022 the Western countries announced their decision to impose new sanctions on Russia following Moscow’s recognition of the DPR and LPR. The next package of restrictions followed when Russia launched its special military operation in Ukraine. In addition to this, the Western countries have ramped up arms supplies and financial assistance to Kiev. Large Russian banks and companies, Russian officials, including President Vladimir Putin, members of the government and parliament, diplomats, security officials, businessmen, bankers, media representatives and others came under Western sanctions. By and large, the restrictions target the financial, energy…
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