The US wants to force Russia into a position of having to choose between bankruptcy and exhaustion.
(Baonghean.vn)- White House spokeswoman Jen Psaki said the US wants to pass sanctions to force Russia to choose between defaulting on its debt and spending all of its remaining foreign exchange reserves.
Previously, Reuters reportedUS Treasury Departmentwill not allow payments in USD on Russian sovereign debt in US banks.
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| White House spokeswoman Jen Psaki. Photo: AP |
"Russia does not have unlimited resources, especially now with the crippling sanctions that we have imposed. They will have to choose between spending down their remaining dollar reserves, spending up new revenues, or defaulting on their debt," - Ms. Psaki said at a meeting.
Ms. Psaki called the US administration's goal "to deplete the resources that (President) Putin has to continue his activities against Ukraine." The White House representative argued that the sanctions have shown their effectiveness, pushing the Russian financial system to the "brink of collapse"./.
