BBCNEWS Newscast February 25, 2022 01:39:00
Export controls, and the band of export financing. and finally, these are policy. let me highlight some of the most important points. first, this package includes financial sanctions that cut russia's access to the most important capital markets. we are now targeting 70% of the russian banking market. but also, key state owned companies, including the field of defence, and these sanctions will increase russia's borrowing costs, raise inflation, and gradually erode russia's industrial base. we are also targeting the russian elite by curbing their deposits, so that they cannot hide their money a...
Source: archive.org