
US Department of State building in Washington DC. File photoWASHINGTON, Jul 13Increasing pressure on the Russian financial sector could be subject to new sanctions against Russia, said Eric Woodhouse, Deputy Assistant Secretary of State for Threat, Finance and Sanctions.»Increased pressure on the financial sector is one of the possibilities and mechanism that we can use to increase pressure,» Woodhouse said, answering a question from journalists about possible new restrictions against Russian banks. />The media spoke about the change in approach to Russia at the meeting of G20 finance ministers He noted that the possible further disconnection of Russian banks from the SWIFT system should be accepted by the European authorities. Russian President Vladimir Putin has previously stated that the policy of containing and weakening Russia is a long-term strategy of the West and the sanctions have dealt a severe blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people. Putin also said that the United States and the European Union had effectively defaulted on their obligations to Russia, freezing its foreign exchange reserves. He added that the current events draw a line under the global dominance of the West in both politics and economics. oil

