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Latest Trends in Ukraine: July 2nd

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The latest developments in the conflict between Russia and Ukraine. EDT:

As Russian troops continue to attack Ukraine, Western nations have responded partially by targeting Russia's defense industry with sanctions. The latest round took place on Tuesday, when the United States issued new sanctions on several weapons makers and executives at the heart of what Russia's President Vladimir Putin called the "war machine."

However, a survey of companies, executives and investors Reuters behind Russia's defense sector shows that a significant number of players have not yet paid for:

Nearly 30 leaders of Russian weapons companies and at least 14 defense companies are not licensed by the United States, the European Union, or the United Kingdom.

Moreover, sanctions on Russian weapons makers and big names have not been consistently applied by these NATO allies, with some governments imposing penalties and others not. ,A Reuters review showed.

Some information in this report is from Reuters.