Sign In

Communications of the ACM

ACM News

White House Prepares Curbs on Russia's Access to U.S. Technology

View as: Print Mobile App Share:

Deputy U.S. Treasury Secretary Wally Adeyemo (at the podium) said on Wednesday the U.S. was coordinating closely with European allies on efforts to exert pressure on Russia’s economy.

Credit: Olivier Douliery/Agence France-Presse — Getty Images

The Biden administration warned on Wednesday that it had prepared additional measures aimed at cutting off Russia from advanced technology critical to its economy and military in the event of further aggression by President Vladimir V. Putin toward Ukraine.

The United States on Tuesday announced sanctions on two Russian banks and curbs on Russia's sovereign debt, effectively isolating the country from Western financing. President Biden also announced further sanctions on the Nord Stream 2 natural gas pipeline and its corporate officers.

Export controls could ratchet up the pressure on Russia by preventing the country from obtaining semiconductors and other advanced technology used to power Russia's aerospace, military and tech industries.

From The New York Times
View Full Article



No entries found