Zürcher Nachrichten - US ratchets up sanctions pressure against Moscow

EUR -
AED 4.278799
AFN 77.332466
ALL 96.575617
AMD 445.1876
ANG 2.085576
AOA 1068.388216
ARS 1684.735918
AUD 1.75613
AWG 2.09862
AZN 1.984015
BAM 1.955298
BBD 2.351906
BDT 142.873314
BGN 1.955951
BHD 0.439244
BIF 3450.13256
BMD 1.165091
BND 1.512264
BOB 8.068928
BRL 6.18139
BSD 1.167705
BTN 104.895516
BWP 15.51395
BYN 3.380546
BYR 22835.780461
BZD 2.348507
CAD 1.624445
CDF 2598.152383
CHF 0.935795
CLF 0.027249
CLP 1068.972737
CNY 8.239114
CNH 8.235468
COP 4423.838268
CRC 572.550529
CUC 1.165091
CUP 30.874907
CVE 110.236695
CZK 24.215228
DJF 207.947498
DKK 7.468599
DOP 74.200629
DZD 151.573688
EGP 55.422094
ERN 17.476363
ETB 182.080866
FJD 2.631882
FKP 0.872491
GBP 0.87341
GEL 3.139877
GGP 0.872491
GHS 13.301585
GIP 0.872491
GMD 85.051785
GNF 10146.786517
GTQ 8.944742
GYD 244.307269
HKD 9.07004
HNL 30.745973
HRK 7.537941
HTG 152.955977
HUF 381.927241
IDR 19422.821609
ILS 3.76036
IMP 0.872491
INR 104.791181
IQD 1529.71378
IRR 49079.451231
ISK 149.003201
JEP 0.872491
JMD 187.141145
JOD 0.82607
JPY 180.711448
KES 150.704566
KGS 101.886647
KHR 4676.939601
KMF 491.66861
KPW 1048.573823
KRW 1715.887947
KWD 0.35759
KYD 0.973154
KZT 590.220982
LAK 25331.604319
LBP 104570.198293
LKR 360.448994
LRD 206.107962
LSL 19.822595
LTL 3.44021
LVL 0.704752
LYD 6.347397
MAD 10.774234
MDL 19.862985
MGA 5193.64414
MKD 61.624177
MMK 2446.620372
MNT 4131.997126
MOP 9.362236
MRU 46.266921
MUR 53.675364
MVR 17.954132
MWK 2024.871384
MXN 21.185039
MYR 4.789718
MZN 74.447687
NAD 19.822595
NGN 1690.547045
NIO 42.970442
NOK 11.774198
NPR 167.831186
NZD 2.017279
OMR 0.448002
PAB 1.1678
PEN 3.926892
PGK 4.952877
PHP 68.813177
PKR 329.883811
PLN 4.230421
PYG 8097.955442
QAR 4.268104
RON 5.093784
RSD 117.405001
RUB 89.428762
RWF 1699.056442
SAR 4.372624
SBD 9.581501
SCR 15.83572
SDG 700.739077
SEK 10.962357
SGD 1.508886
SHP 0.87412
SLE 26.796781
SLL 24431.370198
SOS 666.226074
SRD 45.023191
STD 24115.028075
STN 24.494657
SVC 10.21742
SYP 12883.858981
SZL 19.816827
THB 37.09708
TJS 10.731491
TMT 4.077818
TND 3.427635
TOP 2.805259
TRY 49.532165
TTD 7.917001
TWD 36.455959
TZS 2842.8212
UAH 49.235746
UGX 4139.936989
USD 1.165091
UYU 45.74845
UZS 13910.428222
VES 289.625154
VND 30711.794538
VUV 142.222766
WST 3.250779
XAF 655.7858
XAG 0.020016
XAU 0.000276
XCD 3.148716
XCG 2.104569
XDR 0.815587
XOF 655.791427
XPF 119.331742
YER 277.75676
ZAR 19.715959
ZMK 10487.212054
ZMW 26.828226
ZWL 375.158775
  • RBGPF

    0.0000

    78.35

    0%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • NGG

    -0.5800

    75.91

    -0.76%

  • RIO

    -0.5500

    73.73

    -0.75%

  • GSK

    -0.4000

    48.57

    -0.82%

  • SCS

    -0.1200

    16.23

    -0.74%

  • CMSC

    0.0400

    23.48

    +0.17%

  • RELX

    0.3500

    40.54

    +0.86%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • BTI

    0.5300

    58.04

    +0.91%

  • BCC

    -2.3000

    74.26

    -3.1%

  • BP

    -0.0100

    37.23

    -0.03%

  • JRI

    0.0500

    13.75

    +0.36%

  • VOD

    0.0500

    12.64

    +0.4%

  • AZN

    -0.8200

    90.03

    -0.91%

  • BCE

    0.0400

    23.22

    +0.17%

US ratchets up sanctions pressure against Moscow
US ratchets up sanctions pressure against Moscow

US ratchets up sanctions pressure against Moscow

The United States on Tuesday warned Moscow of damaging sanctions, including high-tech export curbs, as Russian combat troops massing around Ukraine launched new exercises.

Text size:

Unveiling ways that Western allies intend to inflict "massive consequences" on Russia's economy in the event of a Ukraine invasion, a senior US official also warned Moscow against using energy exports as a weapon.

"We are prepared to implement sanctions with massive consequences" that go far beyond previous measures implemented in 2014 after Russia invaded Ukraine's Crimea region, the official said.

"The gradualism of the past is out," the official told reporters, speaking on condition of anonymity.

British Prime Minister Boris Johnson echoed the threat, saying sanctions would be "heavier than anything we've ever done before."

New measures would include restrictions on exports of high-tech US equipment in the artificial intelligence, quantum computing and aerospace sectors, the US official said.

"What we're talking about are sophisticated technologies that we design and produce" and cutting them off would hit President Vladimir Putin's "strategic ambitions to industrialize his economy quite hard," the official told reporters.

- New Russian military exercises -

A day after Washington said it was putting 8,500 US troops on alert for possible deployment to bolster NATO forces in Europe, the Russian military announced it was conducting new drills involving 6,000 troops near Ukraine and within the Crimea region.

The drills included firing exercises with fighter jets, bombers, anti-aircraft systems and ships from the Black Sea and Caspian fleets, the defense ministry said.

According to Western officials, the Kremlin has already deployed more than 100,000 troops on Ukraine's borders, with reinforcements arriving from all over Russia.

The United States and its EU allies accuse Russia of seeking to upend European stability by threatening invasion of Ukraine, a former Soviet republic striving to join NATO and other Western institutions.

"Russia has placed a gun to Ukraine's head," Johnson told parliament.

Moscow denies plans to invade the country, where in addition to seizing Crimea it backs separatist forces controling a swath of eastern Ukraine.

Russia blames the West for the tension and has put forward a list of demands, including a guarantee that Ukraine never join NATO and that NATO forces already in the former Soviet bloc pull back.

- Energy threats -

Addressing concerns in Europe that Russia could curb energy exports to heavily dependent Europe, the senior US official said Russia would also be hurting itself.

"If Russia decides to weaponize its supply of natural gas or crude oil, it wouldn't be without consequences to the Russian economy," a senior US official told reporters.

Although the European Union sources about 40 percent of its supply from Russia, Moscow also relies heavily on sales of energy for its national budget, meaning "it's an interdependency," the official said.

The United States and its European allies are scouring global markets for alternative energy sources to mitigate fallout from any conflict, as Europe already finds itself struggling with soaring mid-winter energy prices.

- Divisions in the West -

Negotiations in European cities this month have failed to ease tensions, though US Secretary of State Antony Blinken and Russian Foreign Minister Sergei Lavrov agreed at a meeting in Geneva on Friday to keep talking.

The French government said Russian and Ukrainian officials would meet, along with French and German counterparts, in Paris on Wednesday.

Washington has promised to provide written answers to Moscow's demands this week, while already making clear that it rejects giving Russia a veto on Ukraine's aspirations to join NATO.

After a call with European leaders on Monday, US President Joe Biden said there was "total unanimity" on how to deal with Russia.

But the crisis has laid bare divisions in the West.

The new government in EU economic powerhouse Germany in particular has faced criticism from Kyiv over its refusal to send defensive weapons to Ukraine, as well as hesitating over one of the harshest economic sanctions under discussion -- cutting Moscow from the global SWIFT payments system.

- 'False flag' jitters -

Ukraine's military is heavily outgunned by Russia and no Western country is considering deploying troops to help repel any attack by Moscow.

However, the United States has stepped up deliveries of weapons, with Blinken on a visit to Kyiv last week confirming another $200 million in aid. A shipment arrived on Saturday and another batch was due Tuesday.

The United States warns that Moscow could manufacture a "false flag" incident in Ukraine to justify an attack of its own.

Russia denies this, but Ukraine claimed Tuesday it had dismantled a group of saboteurs "coordinated by Russian special services" who had planned a "series of armed attacks" aimed at destabilizing the country.

burs-sms/mlm

A.Senn--NZN