In a new round of sanctions, the United States has banned American investments in Russia, imposed penalties on family members of Vladimir Putin and other top Russian officials and tightened restrictions on Sberbank, the country’s largest financial institution.The fresh sanctions, announced on Wednesday, come as the United States and its Western allies accuse Russia of war crimes in Ukraine after the discovery of atrocities in areas near Kyiv that had been occupied by Russian forces. The measures were taken in coordination with other G7 countries and the European Union, the White House said.A senior Biden administration official told reporters on Wednesday that Russia is “descending into economic and financial and technological isolation” that is sending the country back to “Soviet-style” living standards.
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