US extends sanctions against Russia

US extends sanctions against Russia

The US administration has for the first time applied the Countering America’s Adversaries Through Sanctions Act (CAATSA) to impose sanctions against Russian citizens and organizations. The relevant information has been spread by Office of Foreign Assets Control of the US Treasury, TASS reports.

The sanctions were imposed due to "Russia’s continuing destabilizing activities, ranging from interference in the 2016 U.S. election to conducting destructive cyber-attacks, including the NotPetya attack, a cyber-attack attributed to the Russian military on February 15, 2018, " the Treasury said in the statement.

According to the Treasury, the cyber-attack was "the most destructive and costly cyber-attack in history" and resulted "in billions of dollars in damage across Europe, Asia, and the United States."

It also "significantly disrupted global shipping, trade, and the production of medicines" and several hospitals in the United States "were unable to create electronic records for more than a week," according to the statement.

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