Apr 6, 2018

Treasury slaps sanctions on Russian oligarchs

Vladimir Putin in Grand Kremlin Palace. Photo: Mikhail Svetlov / Getty Images

The U.S. Treasury Department is sanctioning 7 Russian oligarchs and 12 companies the oligarchs own or control for their “ongoing and increasingly brazen malign” activity, a senior administration official told reporters Friday.

Why it matters: The move targets Russian President Vladimir Putin’s inner circle, including his son-in-law, and represents the toughest sanctions against Russia since Trump took office. One senior administration official said the goal is to show that “the elite are not immune for accountability for the actions of the Russian government." It comes as tensions between Russia and the West are rising — fast.

Reality check: There are concerns the Trump administration dragged its feet on targeting Putin’s inner circle, giving them time to restructure their U.S. holdings.

The sanctions come in response to ongoing malicious cyber activities, attempts to subvert Western democracies, Russia’s invasion of Crimea and violence in Ukraine, as well as its assistance to the Syrian regime in bombing its civilians, the administration official said.

  • In addition to the oligarchs and their businesses, the U.S. is also sanctioning 17 Russian government officials; several energy companies, a state-owned weapons trading company with longstanding ties to the Syrian government, and its subsidiary, a Russian bank.
  • The effect: Those sanctioned will have their U.S. assets frozen, and U.S. individuals will be barred from dealing with them. Americans who knowingly try to help those being listed could also face sanctions.

One familiar name: Oleg Deripaska is targeted in these sanctions. Trump's former campaign chairman, Paul Manafort started working for Deripaska in 2006. Manafort reportedly sent an email to Deripaska asking if he wanted private briefings on the campaign.

Timing: Last month the U.S. announced sanctions against Russian cyber actors for meddling in the U.S. election.

Go deeper: Meet Putin's oligarchs.

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Mass shooting in Milwaukee: What we know

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Molson Coors Brewing Company in Milwaukee on Wednesday, including the gunman, Mayor Tom Barrett told reporters at a Wednesday evening press conference with local police.

Details: All of the victims worked at the brewery complex, as did the shooter who died of "an apparent self-inflicted gunshot wound," police confirmed in a statement late Wednesday.

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Coronavirus updates: South Korea case count tops 2,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

33 people in California have tested positive for the coronavirus, and health officials are monitoring 8,400 people who have recently returned from "points of concern," Gov. Gavin Newsom said Thursday.

The big picture: COVID-19 has killed more than 2,850 people and infected over 83,000 others in some 50 countries and territories. The novel coronavirus is now affecting every continent but Antarctica, and the WHO said Wednesday the number of new cases reported outside China has exceeded those inside the country for the first time.

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Syria's darkest chapter

Family room without a family, in Idlib. Photo: Muhammed Said/Anadolu Agency via Getty Images

The worst humanitarian crisis of Syria’s brutal civil war is colliding today with what could be the war’s most dangerous geopolitical showdown, after at least 29 Turkish troops were killed in an airstrike.

The big picture: The fighting is taking place in Idlib in northwest Syria, where a ferocious Syrian and Russian offensive has displaced 1 million civilians and infuriated Turkey, which borders the region.

Go deeperArrow6 hours ago - World