U.S. Treasury Secretary: "Significantly Enhanced" Sanctions Against Russia to Be Announced Within a Day

Jinse Finance reported that U.S. Treasury Secretary Janet Yellen announced that the United States plans to announce a "substantial" increase in sanctions against Russia within the next day. Following the announcement, international oil and gold prices rose. Yellen told reporters at the White House on Wednesday: "We will announce a substantial increase in sanctions against Russia after the market closes today or early tomorrow." Yellen did not specify the details of the new measures. This news comes as the White House has just abandoned recent plans for a meeting between Trump and Putin.