In response to Russia’s invasion of Ukraine and recognition of the Donetsk and Luhansk People’s Republics (DNR and LNR, respectively) as independent states, countries around the world have announced sweeping sanctions targeting Russian banks, individuals, companies, access to technology, and the Nord Stream 2 pipeline. Per the White House, these measures are expected to have a “profound impact on Russia’s economy, financial system, and access to cutting-edge technology.”
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