The ongoing impact of international sanctions on Russia.

The US and its allies will impose more sanctions on Russia due to its ongoing invasion of Ukraine, according to Deputy Treasury Secretary Wally Adeyemo. He sees sanctions as part of a larger strategy that includes diplomacy and arming Ukrainians with weapons. Adeyemo also warned China against providing material support to Russia during the conflict. The US has already sanctioned a small Chinese satellite company for helping Russia. Adeyemo also addressed domestic economic issues, saying that real wages are starting to go up for the people making the least amount of money in this economy.