US cracks down on Russia sanctions evasion in fresh action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2024
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Source: Reuters
U.S. Sanctions on Russia: The U.S. imposed sanctions on nearly 400 entities and individuals from various countries, including China, India, and Russia, to counteract the evasion of sanctions related to Russia's invasion of Ukraine.
Focus on High-Priority Items: The sanctions target companies involved in supplying critical technologies to Russia, with a significant portion of these goods coming from China, while also warning India about its emerging trends in supporting Russia's military efforts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
