Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

UK sanctions Russian President Vladimir Putin's daughters

Published 04/08/2022, 05:08 AM
Updated 04/08/2022, 05:41 AM
© Reuters. FILE PHOTO: Katerina Tikhonova, deputy director of the Institute for Mathematical Research of Complex Systems at Moscow State University, daughter of Russian President Vladimir Putin, is seen on a screen as she takes part in a session of the St. Petersbur

LONDON (Reuters) -Britain added Vladimir Putin's daughters to its sanctions list on Friday, mirroring moves by the United States, in what it said was an effort to target the lifestyles of those in the Russian president's inner circle.

Following the Russian invasion of Ukraine, Britain and other Western allies have announced several waves of sanctions targetting Moscow's wealthy elites, key industries and its access to the international financial system.

An update to Britain's sanctions list announced asset freezes on Putin's adult daughters Katerina Tikhonova and Maria Vorontsova, and Sergeyevna Vinokurova, the daughter of foreign minister Sergei Lavrov. All three were sanctioned by the United States earlier this week.

"Our unprecedented package of sanctions is hitting the elite and their families, while degrading the Russian economy on a scale Russia hasn’t seen since the fall of the Soviet Union," Foreign Secretary Liz Truss said in a statement.

Britain also said its analysis showed Russia is heading for the deepest recession since the collapse of the Soviet Union. Britain estimates that 60% of Russian foreign currency reserves have been frozen as a result of international sanctions.

On Thursday, the Kremlin, which says its actions are a "special military operation" to disarm and "denazify" Ukraine, described the move against Putin's daughters as part of a broader Western frenzy against Russia.

Latest comments

why not named after putin, they took the mother's last names? are they from the same mother? is he even married to the mothers? or out of wedlock children? how many gfs does he have? dont lie!
In North Korea, if you are doing something wrong, the family is punished for 3 generations. Europe finally realized that the transmissibility of the mistakes is the way to go... 🙄
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.