US Stock Market - The United States will impose sanctions on Russia and China on Friday. The sanctions targeting both countries include drone targeting by Russia in Ukraine and human rights violations committed by China regarding illegal fishing in the Pacific region.

American Stock Market Today

It should be noted that the decline in the Dollar and the US stock market plunged or decreased amid concerns about US sanctions against Russia and China. This is what influenced the US stock market to plunge. Some sanctions will be imposed under the Global Magnitsky Act. The US will use the power of sanctions to sanction high-ranking government officials, the military and businesses. China and Russia have long been targets of US sanctions including sanctions for the US-led Western pressure campaign against Russia's war with Ukraine and China's treatment of Hong Kong's political opposition.

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The sanctions include a freeze on all US assets, a ban on Russian and Chinese travel to the US, and a ban on US business transactions. For government officials and businesses, the sanctions will certainly complicate their international travel and financing. Targets of US sanctions include officials responsible for Russia's screening campaign for Ukrainians caught behind the front lines, where groups such as Human Rights Watch have accused the military of torturing civilians and committing other war crimes. Apart from the Magnitsky sanctions, the US government also has plans to attack the Russian defense industry associated with Iranian military drones that Russia has used to deadly effect in attacking Ukrainian civilian infrastructure.

US Illegal Fishing Sanctions on China and Human Rights Justice for Tibet - American Stock Exchange

In addition, the US is preparing sanctions against Russia's central election commission. Western officials have condemned the Russian incident and confirmed Vladimir Putin as a former spy who has controlled Russia for nearly a quarter of a century. The Biden administration will also lower sanctions on about 170 Chinese entities suspected of being involved in illegal fishing across the Pacific.

According to Western Officials, Illegal Fishing is believed to be not only for Chinese consumption, but the illegal activity is also to help the Communist government expand its maritime power through the establishment of ports outside China. In addition to draining fish stocks that are important for the marine ecosystem, analysts also suspect that China uses its fishing vessels for Geopolitical purposes. Government officials then ask them to operate in certain waters to maintain national sovereignty.

A U.S. official said the sanctions were designed to list Chinese entities that are allegedly involved in human rights abuses against Tibetans, in this case using security forces in an effort to control the civilian group. Urza Zeya, the State Department's special coordinator for Tibet, said earlier this year that the administration would hold the Chinese government accountable for what happens to Tibetans and other minorities.

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