America and its allies intend to impose new sanctions on Russia What will it focus on?

The United States and its allies intend to announce a new set of sanctions related to Russia. The sanctions are expected to ban all new investments in Russia, tighten restrictions on state-owned companies, and target Russian government officials and their families.

The United States and its allies plan to impose a new broad package of sanctions on Wednesday targeting the Russian economy, according to an informed source told Reuters.

The source added Tuesday that the sanctions will ban all new investments in Russia, increase restrictions on financial institutions and state-owned companies in Russia, and target Russian government officials and their families.

The source said: "The United States will announce tomorrow (Wednesday), in coordination with the Group of Seven and the European Union, an additional broad package of sanctions that will impose significant costs on Russia and push it into further economic, financial and technological isolation."

He added: "The measures that will be imposed will lead to the weakening of the main instruments of Russian state power, and the imposition of severe and immediate economic damage on Russia."

The source said that these measures are being taken in full coordination with other advanced economies in the Group of Seven and the European Union, which indicates the determination of the West and its union to impose unprecedented costs on Russia as a result of its war on Ukraine.

For its part, the Associated Press quoted a senior US administration official (who preferred not to be identified) as saying that the new sanctions imposed by the United States and its allies, including a ban on new investments in Russia, in response to war crimes committed in Ukraine.

President Joe Biden and Washington's allies worked together to impose economic sanctions on Russia over its military attack on Ukraine more than a month ago, including freezing central bank assets, imposing export restrictions, and confiscating property, including yachts belonging to Russia's wealthy elite.

But calls for tougher sanctions intensified this week in response to the attacks, killings and destruction in Bucha, near the Ukrainian capital, Kyiv.

According to the US official, the sanctions will increase Russia's economic, financial and technological "isolation" from the rest of the world due to its attacks on civilians in Ukraine.

The war, and Western sanctions imposed in response, are hurting the Russian economy, and experts predict a contraction of up to 15%.

Russia says it launched a "special military operation" in Ukraine on February 24 to disarm and eliminate Nazism in a country Putin considers an illegitimate state.

Ukraine, a democratic country based on a parliamentary system, rejects the Kremlin's position, and the West rejects it, describing it as a pretext for unjustified military operations.