Ukraine: What sanctions could be imposed on Russia?

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Ukraine: What sanctions could be imposed on Russia?
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What sanctions could be imposed on Russia?

The US could simply blacklist some Russian banks, making it almost impossible for anyone in the world to conduct transactions with them.

This could involve, in particular, semiconductor microchips, which are used in everything from cars to smart phones, machine tools to consumer electronics.Energy restrictions But, any curbs on Russian gas would raise prices across Europe, much of which is dependent on energy from the east.New sanctions could be targeted at individuals, including not only associates of Vladimir Putin but also the Russian President himself.

The hope of US and European powers is that Russia's elite would put pressure on Mr Putin if they were unable to access their wealth in foreign countries and educate their children in western schools and universities.Some sanctions could be imposed to restrict the ability of Russian individuals to invest and live in London.UK government has vowed to tackle illicit Russian money flowing into London.

But only a handful of these orders have ever been used. Some US organisations want the White House to push the UK harder on this.The main difficulty for the West is to decide what sanctions should be imposed and when. There are differences between countries on this.

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