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Putin's war in Ukraine a strategic failure for Kremlin: US Treasury Secretary
Updated On: 23 February, 2023 03:43 PM IST | Bengaluru | PTI
US Treasury Secretary Janet Yellen said the Russian military is struggling to replace over 9,000 pieces of heavy military equipment that it has lost since February 2022
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Image used for representational purpose. Pic/iStock
United States Treasury Secretary Janet L Yellen on Thursday said Russia`s economy has become increasingly isolated and the impact of sanctions against that country for war against Ukraine is being seen.
"Since the early days of the war, we have partnered with a multilateral coalition of over 30 countries to impose severe economic costs on Russia for its brutal assault. Our twin goals are to degrade Russia`s military-industrial complex and reduce the revenues that it can use to fund its war. We are seeing the impacts of these actions," Yellen said.
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