U.S. to announce "sweeping" new sanctions against Russia on Feb. 24

U.S. President Joe Biden is due to announce additional "sweeping" sanctions against industry sectors supporting Russia's war on Ukraine on Friday, when he meets virtually with other Group of Seven leaders, the White House said.White House spokeswoman Karine Jean-Pierre told reporters on Thursday that the targets of the new sanctions include Russian banks, the technology and defense industries, and actors in other countries attempting to "backfill and evade our sanctions."A senior State Department official separately said that Chinese firms active in evading existing sanctions will be among …READ FULL ARTICLE