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How the US Treasury Department Is Waging Economic War on Russia

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CNN: ‘They’re like our nerd warriors’: How the Treasury Department is waging economic war on Russia

Washington (CNN)Three months into US-led sanctions designed to crush Russia’s economy for its war in Ukraine, Russia has appeared surprisingly resilient.

The ruble has rebounded and is now worth more than before the invasion. The Kremlin’s coffers are overflowing from record oil and gas sales. Even McDonald’s has reopened in Russia, rebranded under a Siberian billionaire’s ownership. Meanwhile, Russia’s military continues to hammer away at Ukraine with a steady supply of tanks and artillery.

But inside the Treasury Department, teams of sanctions experts view that resilience as a mirage. In exclusive interviews with CNN, top Treasury Department officials say they remain confident the sanctions are working and that beneath the surface, a much more dire story is unfolding within Russia’s economy, where they contend real and lasting damage is being inflicted.

Read more ….

Update #1: Biden officials worry their Russia sanctions were so powerful they also brought economic suffering to the US, report says (Insider)

Update #2: Do sanctions against Russia work? (DW)

WNU Editor: This US led economic war is not working …. Russian rouble, stocks push higher (Reuters).

Here is an analysis explaining why the US Treasury Department and the EU are failing in achieving their objectives in their economic war against Russia …. We should’ve known sanctions on Russia wouldn’t work as intended (Daniel Larison, Responsible Statecraft).

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Original Article: warnewsupdates.blogspot.com

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U.S. to Send Another $450M in Military Aid to Ukraine

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CNN: Biden administration announces $450 million in additional military assistance for Ukraine

The Biden administration on Thursday announced an additional $450 million in military aid for Ukraine, with the US giving the war-stricken country four more multiple launch rocket systems and artillery ammunition for other systems.

The package, which will be drawn from existing Defense Department stocks, also includes 18 patrol boats for monitoring coasts and rivers, and small arms.

The most significant part of the package is the four additional High Mobility Artillery Rocket Systems, wheeled vehicles capable of launching barrages of guided rockets at targets up to approximately 40 miles away.

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WNU Editor: this is what is being sent …. $450 Million in Additional Security Assistance for Ukraine (US Department of Defense).

U.S. To Send Another $450M In Military Aid To Ukraine

US sending advanced rocket systems, other aid to Ukraine — AP

U.S. expected to send $450 million in security aid to Ukraine- officials — Euronews/Reuters

US Bolsters Ukraine With Additional $450 Million in Weapons and Aid — Bloomberg

U.S. to send four more long-range rocket launchers to Ukraine in new aid package — Politico

US to send $450M in rocket systems, other aid to Ukraine: officials — FOX News

Pentagon unveils new Ukraine weapons shipment — RT

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Source: warnewsupdates.blogspot.com

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Ukraine Says US Precision HIMARS Long-Range Rocket Systems Have Arrived

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HIMARS have arrived to Ukraine.
Thank you to my ?? colleague and friend @SecDef Lloyd J. Austin III for these powerful tools!
Summer will be hot for russian occupiers. And the last one for some of them. pic.twitter.com/BTmwadthpp

— Oleksii Reznikov (@oleksiireznikov)

June 23, 2022

Insider: Ukraine celebrates US long-range rocket systems arriving after months of asking. ‘Summer will be hot for Russian occupiers.’

* Ukraine’s defense minister thanked the US for a delivery of HIMARS long-range rocket systems.

* “Summer will be hot for Russian occupiers. And the last one for some of them,” he said.

* Ukraine lobbied the US for the HIMARS for months, and promised not to fire into Russia itself.

Ukraine’s Defense Minister Oleksii Reznikov thanked the US for the delivery of long-range rockets which the country urgently requested to help even the odds in its fight against Russia.

“HIMARS have arrived to Ukraine. Thank you to my colleague and friend @SecDef Lloyd J. Austin III for these powerful tools!

Summer will be hot for Russian occupiers. And the last one for some of them,” tweeted Reznikov Thursday.

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WNU Editor: Too little, too late.

Update: The US is promising four more HIMARS …. U.S. to send four more long-range rocket launchers to Ukraine in new aid package (Politico).

Ukraine Says US Precision HIMARS Long-Range Rocket Systems Have Arrived

U.S. long-range rocket systems arrive in Ukraine – minister — Reuters

Outgunned Ukrainians Hail Arrival Of U.S. Heavy Weapons As Russians Press Ahead — RFE

The Ukrainians’ American-Made Rockets Blast The Russians For The First Time — Forbes

Ukraine Warns Russia of Massive Missile Strikes After U.S. Rockets Arrive — Newsweek

US long-range rockets arrive in Ukraine as war with Russia continues — NYPost

Kyiv says US precision artillery systems arrive in Ukraine — Al Jazeera

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Article: warnewsupdates.blogspot.com

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Report: Ukraine President Zelensky Wants to Fire His Friend Who Is Also the Intelligence Chief

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Politico: Zelenskyy wants to replace Ukraine’s top spy after security failures

Ivan Bakanov was tapped to revamp the controversial Security Service of Ukraine. But after a string of failures and the loss of Kherson, he’s fallen out of favor with the Ukrainian president.

KYIV — You think you know someone, and then Russia invades your country and your childhood friend turned top intelligence official flubs it and some of his senior spies flee their posts, apparently helping the Kremlin’s forces avoid landmines and direct its attack aircraft to blast your cities.

President Volodymyr Zelenskyy isn’t getting a lot of sleep these days, and the man he appointed to lead Ukraine’s domestic intelligence and security agency can’t be helping matters.

Ivan Bakanov — his friend from way back who once ran his entertainment company and then his presidential campaign — is on thin ice in Kyiv.

Zelenskyy is looking to replace Bakanov, who now runs Ukraine’s spy agency, with someone more suitable to serve as the wartime chief of the Security Service of Ukraine (SBU), according to four officials close to the president and a Western diplomat who has advised Kyiv on reforms needed to revamp the SBU.

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WNU Editor: This is nothing new. In the past month there has been numerous reports of Ukraine arresting and replacing people …. Zelensky Purges “Traitors” from Ukraine’s Security Service (Kyiv Post). More here …. Ukraine detains senior public figures suspected of spying for Russia (Reuters).

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Source: warnewsupdates.blogspot.com

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