Topic: Veb Bank

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Unicorn
Episode 745 1:05:47 - 1:09:10

745: Unicorn

US Sanctions on Russia, Rosneft and VEB Bank

The United States Department of the Treasury added 11 individuals and 15 companies to its sanctions list targeting Russia. The new restrictions affect subsidiaries of Rosneft and Vnesheconombank (VEB). While the State Department claims the move is tied to the Minsk peace agreements, critics argue it is a retaliatory response to Russia's UN veto and the ongoing Edward Snowden situation.