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U.S. Treasury Secretary Janet Yellen on Thursday said officials “will continue to consider and discuss further sanctions that will really deprive Russia of the resources that they need to conduct war.” Speaking during a CNBC interview about the Western response to Russia’s invasion of Ukraine, she said: “We have put in place and could expand sanctions that make it extremely difficult for Russia, its government and its firms to access international capital.” Yellen also said: “There’s more that we can do, but what we’ve done has been devastating.”
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