"US Announces Sanctions on 500+ Russia-Linked Targets in Response to Navalny's Death and Ukraine War Anniversary"

The United States is set to impose sanctions on over 500 targets on Friday, in collaboration with other countries, to mark the second anniversary of Russia's invasion of Ukraine. The sanctions will target Russia's military industrial complex and companies in third countries that facilitate Russia's access to goods it wants. Despite doubts over additional security assistance for Ukraine, the U.S. and its allies are looking to maintain pressure on Russia, with experts emphasizing the need for Congress to pass additional military assistance to Ukraine as crucial. The Treasury Department has noted the impact of previous sanctions on Russia's economy, but the IMF has upgraded its GDP growth forecast for Russia in 2024, while also acknowledging the country's shift to a war economy.