By Arshad Mohammed, Daphne Psaledakis, Patricia Zengerle
Washington - U.S. sanctions may not deter Russia (click here) from its alleged election meddling and cyber hacking in the short term but will signal Washington’s renewed willingness to hold the Kremlin publicly to account for acts it views as malign.
President Joe Biden has vowed Russian President Vladimir Putin will “pay a price” and is expected to impose sanctions as soon as this week that could range from freezing the U.S. assets of Russians to curbing Moscow’s ability to issue sovereign debt.
Russia denies meddling in U.S. elections and orchestrating the cyber hack that used U.S. tech company SolarWinds Corp to penetrate U.S. government networks.
The Kremlin has also dismissed reports it offered bounties to Taliban militants to kill U.S. troops in Afghanistan.
While the two nations’ presidents quickly extended the New START arms control treaty, Biden has taken a much tougher stance toward Putin than his predecessor, Donald Trump, and the U.S. and Russian leaders have made no secret of their disagreements....