Ukraine Russia War: Since the attack on Ukraine, Russia is facing continuous sanctions and sanctions. In this episode, America, EU and seven countries together are going to take another big step against Russia. Reuters quoted people associated with the matter as saying that all these countries will withdraw the status of ‘Most Favored Nation’ from Russia.
Removing Russia from the list of ‘Most Favored Nation’ will open the way for the US and its allies to impose tariffs on a wide range of Russian goods. This will add to the pressure on the Russian economy, which is already heading towards recession.
Washington’s move to tighten the noose on Moscow comes at a time when US and European officials accused Russia of war crimes over the bombing of civilians in Ukrainian cities, in repeated ceasefire violations, with both sides fighting a war. Have been accusing others.
At least one person was killed in three airstrikes in the Ukrainian central city of Dnipro early Friday.
Russian military convoy changed its position
Private American company Maxar Technologies (MAXR.N) said that the Russian military convoy, seen in satellite images moving from north to Kyiv, has now taken a new position. It is feared that it is preparing to attack the capital.
Removing Russia’s status of “Permanent Normal Trade Relations” with the US would greatly increase pressure on Russian President Vladimir Putin to end the war against Ukraine.
Russia-Ukraine Conflict: Vladimir Putin has made a big mistake by attacking Ukraine, will lose this fight: Justin Trudeau
The US Senate on Thursday voted to approve legislation to give Ukraine $13.6 billion in ammunition and other military supplies as well as humanitarian aid.
“We are keeping our promise to support Ukraine as they fight to save their lives against the evil Vladimir Putin,” said Senate Majority Leader Chuck Schumer.
Russia described its actions in Ukraine as a “special operation” to disarm Ukraine and labeled its leaders as “neo-Nazis”.
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