Behind the Sweeping Russia Sanctions: Zelensky’s Plea and a Mounting Crisis

Adhering to months of groundwork, frenzied late-evening phone calls and a powerful pressure campaign from Ukrainian leaders, the U.S. and Europe banded together to impose what is shaping up to be the greatest coordinated bundle of sanctions at any time levied in opposition to a key economy.

About the past a few times, that coalition of international locations, symbolizing some of the world’s major democracies, hit Russia with a series of more and more significant financial penalties in excess of its invasion of Ukraine, from direct sanctions on Russian President Vladimir Putin and limits on Russia’s central financial institution to a prepare to block some economical establishments from Swift, an worldwide payments process.