Further sanctions on Russia possible amid ‘intensifying’ atrocities, warns US treasurer

Treasury Secretary Janet Yellen speaks to lawmakers on Capitol Hill in Washington, DC, on December 1, 2021. (AP Photo/Amanda Andrade-Rhoades, File)
Treasury Secretary Janet Yellen speaks to lawmakers on Capitol Hill in Washington, DC, on December 1, 2021. (AP Photo/Amanda Andrade-Rhoades, File)

WASHINGTON — Amid signs Russia has ramped up attacks on Ukrainian civilians, the United States and its European allies could impose additional penalties on Moscow, US Treasury Secretary Janet Yellen says.

“The atrocities that they’re committing against civilians seem to be intensifying, so it’s certainly appropriate for us to be working with our allies to consider further sanctions,” Yellen says.

But sanctions taken to date have “devastated” the Russian economy, she adds.

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