U.S. targets Putin’s kids, Russia’s Sberbank with new sanctions over Ukraine war - National | Globalnews.ca
''The new sanctions will put full blocking sanctions in Russia’s Sberbank, which holds one-third of Russia’s total banking assets, and Alfabank, a senior U.S. official told reporters. Energy transactions are blocked from these sanctions, the official said.''
''The United States is also sanctioning Russian President Vladimir Putin’s adult daughters, Russian Foreign Minister Sergei Lavrov’s wife and daughter, and members of Russia’s security council, the official said. Americans are banned from investing in Russia, the official said, including through venture capital or mergers.''
Chanel restricts sales to Russians abroad amid Ukraine war | The Star
''PARIS (AP) — Luxury fashion brand Chanel says it has stopped selling its clothes, perfumes and other luxury goods to Russian customers abroad if they plan to take the products back home — a bold response to Moscow’s invasion of Ukraine.
The move comes after the Parisian stalwart had already shuttered its boutiques in Russia, a step many companies across all industries have taken in response to the war.
This further step, Chanel says, is simply a case of complying with trade sanctions imposed on Russia by the European Union, Switzerland and others that prohibit transactions with designated individuals.
“The most recent EU and Swiss sanction laws include a prohibition on the ‘sale, supply, transfer or export, directly or indirectly, of luxury goods to any natural or legal person, entity or body in Russia or for use in Russia,’” Chanel said Wednesday in a statement.
It concerns products valued at over 300 euros ($328) — which is the majority of Chanel’s design output.
“We have rolled out a process to ask clients for whom we do not know the main residency to confirm that the items they are purchasing will not be used in Russia,” Chanel said, without elaborating on what that process looks like.
It’s a difficult measure to enforce, yet some Russian social media influencers have already said they are being asked for identification and denied the ability to buy goods at Chanel boutiques from Paris to the United Arab Emirates.''