New Investment In Russia Was Banned


● The United States in its latest round of sanctions banned all new investments in Russia for its invasion of Ukraine.
● The USA banned the investment in coordination with the G7 and European Union.
● The other sanctions include increased sanctions on financial institutions and state owned enterprises in Russia, and sanctions on Russian government officials and their family members.

Facts to know:

● Capital of USA: Washington, D.C.
● President of USA: Mr.Joe Biden.
● Headquarters of World Bank: Washington, D.C.

New Investments Banned in Russia

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