Home Markets Ukraine war latest: UNHCR predicts 4mn will flee to neighbouring countries

Ukraine war latest: UNHCR predicts 4mn will flee to neighbouring countries

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The US has joined the EU and UK in freezing the assets of Russian president Vladimir Putin and his foreign minister, under a fresh sanctions package intended to stiffen the west’s response to Moscow’s invasion of Ukraine.

President Joe Biden announced the sanctions on Putin and his team on Friday. In addition to Russia’s president and Sergei Lavrov, the country’s foreign minister, Washington also targeted General Valery Gerasimov, head of the country’s military, and Sergei Shoigu, the defence minister.

“It is exceedingly rare for Treasury to designate a head of state. President Putin joins a very small group that includes despots such as Kim Jong Un, Alexander Lukashenko, and Bashar al-Assad,” the Treasury said, referring to the leaders of North Korea, Belarus and Syria.

The US took the decision after Biden had a call with Ursula von der Leyen, European commission president, the White House said.

Christian Lindner, Germany’s finance…

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