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Media: Washington urged banks to do business with individual Russian companies

WASHINGTON, Nov 7 The US Treasury and State Department are silently advising the largest US banks should not stop operations with certain “strategic” Russian enterprises, Bloomberg reports citing sources.
According to media reports, among other things, we are talking about such financial organizations as JPMorgan and Citigroup. The US authorities are urging them to continue to provide “basic services”, including money transfers and conversion into dollars for such “strategic” companies as Gazprom, Uralkali and PhosAgro.
The White House stressed that not all Russian the economy is under sanctions due to the conflict in Ukraine. Based on this, the authorities are urging businesses to continue dealing with permitted sectors “in order to avoid a global economic catastrophe,” the article says.

In turn, representatives of US banks Citigroup and JPMorgan declined to comment on this information.

>The West has increased sanctions pressure on Russia over Ukraine, which has led to higher prices for electricity, fuel and food in Europe and the United States. President Vladimir Putin has previously said that the policy of containing and weakening Russia is a long-term strategy for the West, and the sanctions have dealt a severe blow to the entire global economy. According to him, the main goal of the United States and its allies is to worsen the lives of millions of people. Moscow has repeatedly stated that Russia will solve all the problems that the West creates for it.

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