/ world today news/ According to the British newspaper “Times”, the USA is ready to limit Russia’s access to credits from Western countries if the Russian authorities do not respond to calls for peace in Ukraine.
Washington is developing a new package of measures to put pressure on Russia, which should further complicate the access of Russian companies to the credit resources of the West, writes the British newspaper “Times”.
The US is ready to limit Russia’s access to credit from Western countries if the Russian authorities do not respond to calls for peace in Ukraine. “The punitive measures should demonstrate a sharp tightening of sanctions against Moscow. The proposals being prepared in Washington include an attempt to close the Western credit markets for Russia,” the publication wrote, citing an unnamed source in the US administration.
The US intends to propose limiting the term of lending to Russian companies from Western countries to seven days, thereby strengthening the current 30-day limits. Before the events in Ukraine and the subsequent sanctions against the Russian Federation, Russian companies could take loans for an unlimited time, the term for lending reached several years.
“It is a matter of a term of 7 days, not 30. This means that businesses and individuals will have to renew credit deals every week, losing hope for long-term lending in the West,” the Times newspaper quoted the source as saying. According to his data, the US is preparing an extensive list of tools to put pressure on Russia and its leadership.
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