The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony.Video above: Inside look at the devastation in Ukrainian city after two years of warThe U.S. Treasury, State Department and Commerce Department plan Friday to impose roughly 600 new sanctions on Russia and its war machine in the largest single tranche of penalties since Russia맥스카지노�s invasion of Ukraine on Feb. 24, 2022. They come on the heels of a series of new arrests and indictments announced by the Justice Department on Thursday that target Russian businessmen, including the head of Russia맥스카지노�s second-largest bank, and their middlemen in five separate federal cases.The European Union announced Friday that it is imposing sanctions on several foreign companies over allegations that they have exported dual-use goods to Russia that could be used in its war against Ukraine. The 27-nation bloc also said that it was targeting scores of Russian officials, including 맥스카지노�members of the judiciary, local politicians and people responsible for the illegal deportation and military re-education of Ukrainian children.맥스카지노�맥스카지노�The American people and people around the world understand that the stakes of this fight extend far beyond Ukraine,맥스카지노� President Joe Biden said in a statement announcing the sanctions. 맥스카지노�If Putin does not pay the price for his death and destruction, he will keep going. And the costs to the United States 맥스카지노� along with our NATO Allies and partners in Europe and around the world 맥스카지노� will rise.맥스카지노�While previous sanctions have increased costs for Russia맥스카지노�s ability to fight in Ukraine, they appear to have done little so far to deter Putin맥스카지노�s aggression or ambitions. The Biden administration is levying additional sanctions as House Republicans are blocking billions of dollars in additional aid to Ukraine.The war is becoming entangled in U.S. election-year politics, with former President Donald Trump voicing skepticism about the benefits of the NATO alliance and saying that he would 맥스카지노�encourage맥스카지노� Russia to 맥스카지노�do whatever the hell they want맥스카지노� to countries that, in his view, are not pulling their weight in the alliance.Video below: Biden speaks about Russia's Putin, Navalny deathMany of the new U.S. sanctions announced Friday target Russian firms that contribute to the Kremlin맥스카지노�s war effort 맥스카지노� including drone and industrial chemical manufacturers and machine tool importers 맥스카지노� as well as financial institutions, such as the state-owned operator of Russia맥스카지노�s Mir National Payment System.In response to Navalny맥스카지노�s death, the State Department is designating three Russian officials the U.S. says are connected to his death. It also will impose visa restrictions on Russian authorities it says are involved in the kidnapping and confinement of Ukrainian children. In addition, 26 third-country people and firms from across China, Serbia, the United Arab Emirates, and Liechtenstein are listed for sanctions, for assisting Russia in evading existing financial penalties.The Russian foreign ministry said the EU sanctions are 맥스카지노�illegal맥스카지노� and undermine 맥스카지노�the international legal prerogatives of the UN Security Council.맥스카지노� In response, the ministry is banning some EU citizens from entering the country because they have provided military assistance to Ukraine. It did not immediately address the U.S. sanctions.The U.S. specifically was to target individuals associated with Navalny맥스카지노�s imprisonment a day after Biden met with the opposition leader맥스카지노�s widow and daughter in California. It was also hitting 맥스카지노�Russia맥스카지노�s financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents,맥스카지노� Biden said. 맥스카지노�They will ensure Putin pays an even steeper price for his aggression abroad and repression at home.맥스카지노�The EU asset freezes and travel bans constitute the 13th package of measures imposed by the bloc against people and organizations it suspects of undermining the sovereignty and territorial integrity of Ukraine.맥스카지노�Today, we are further tightening the restrictive measures against Russia맥스카지노�s military and defense sector,맥스카지노� EU foreign policy chief Josep Borrell said. 맥스카지노�We remain united in our determination to dent Russia맥스카지노�s war machine and help Ukraine win its legitimate fight for self-defense.맥스카지노�In all, 106 more officials and 88 맥스카지노�entities맥스카지노� 맥스카지노� often companies, banks, government agencies or other organizations 맥스카지노� have been added to the bloc맥스카지노�s sanctions list, bringing the tally of those targeted to more than 2,000 people and entities, including Russian President Vladimir Putin and his associates.Companies making electronic components, which the EU believes could have military as well as civilian uses, were among 27 entities accused of 맥스카지노�directly supporting Russia맥스카지노�s military and industrial complex in its war of aggression against Ukraine,맥스카지노� a statement said.Those companies 맥스카지노� some of them based in India, Sri Lanka, China, Serbia, Kazakhstan, Thailand and Turkey 맥스카지노� face tougher export restrictions.The bloc said the companies 맥스카지노�have been involved in the circumvention of trade restrictions,맥스카지노� and it accuses others of 맥스카지노�the development, production and supply of electronic components맥스카지노� destined to help Russia맥스카지노�s armed forces.Some of the measures are aimed at depriving Russia of parts for pilotless drones, which are seen by military experts as key to the war.Since the start of the war, U.S. Treasury and State departments have designated over 4,000 officials, oligarchs, firms, banks and others under Russia-related sanctions authorities. A $60 per barrel price cap has also been imposed on Russian oil by Group of Seven allies, intended to reduce Russia맥스카지노�s revenues from fossil fuels.Critics of the sanctions, price cap and other measures meant to stop Russia맥스카지노�s invasion say they are not working fast enough.Maria Snegovaya, a senior fellow at the Center for Strategic and International Studies, said that primarily sanctioning Russia맥스카지노�s defense industry and failing to cut meaningfully into Russia맥스카지노�s energy revenues will not be enough to halt the war.맥스카지노�One way or another, they will have to eventually address Russia맥스카지노�s oil revenues and have to consider an oil embargo,맥스카지노� Snegovaya said. 맥스카지노�The oil price cap has effectively stopped working.맥스카지노�Treasury Deputy Secretary Wally Adeyemo, in previewing the new sanctions, told reporters that the U.S. and its allies will not lower the price cap; 맥스카지노�rather what we맥스카지노�ll be doing is taking actions that will increase the cost맥스카지노� of Russia맥스카지노�s production of oil.He added that 맥스카지노�sanctions alone are not enough to carry Ukraine to victory.맥스카지노�맥스카지노�We owe the Ukrainian people who have held on for so long the support and resources they desperately need to defend their homeland and prove Putin wrong once and for all time.맥스카지노�__Associated Press writers Josh Boak and Zeke Miller in Washington and Emma Burrows in London contributed to this report.