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Reuters
Reuters
Business
Steve Holland, Guy Faulconbridge and Dmitry Antonov

U.S., UK threaten sanctions for Moscow elite if Russia invades Ukraine

A service member walks near armoured personnel carriers of a mechanized brigade of the Ukrainian Armed Forces during military exercises outside Kharkiv, Ukraine January 31, 2022. REUTERS/Vyacheslav Madiyevskyy

The United States and Britain are prepared to punish Russian elites close to President Vladimir Putin with asset freezes and travel bans if Russia enters Ukraine, Washington and London said on Monday as tensions also spilled over at the United Nations.

Britain urged Putin to "step back from the brink" after the Russian build-up of troops near Ukraine stoked fears of war, and warned any incursion would trigger sanctions against companies and people close to the Kremlin.

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