• Fri. Aug 5th, 2022

Joe Biden impose new sanctions on Putin and Russia

President of the United States of America, Joe Biden, has reacted fiercely to the present events, including the Russian-led war in Ukraine, and has proposed further sanctions.

Biden announced on Thursday that the US will impose “cruel sanctions” on Russia for waging war in Ukraine, blasting Russian President Vladimir V. Putin for initiating a “brutal assault on the people of Ukraine” overnight.

“Putin is the aggressor,” says the author. In remarks from the White House, Mr. Biden added, “Putin picked this war.” “And now he and his country will have to pay the price.”

Mr. Biden stated that the US will cut Russia’s top banks and enterprises off from western financial markets and restrict technological exports to Russia, claiming that this would severely limit the country’s ability to grow in the next weeks, months, and years.

He also claimed that the US was freezing trillions of dollars in Russian assets, including funds controlled by Russian elites and their families, in order to make them pay for what Mr. Biden described as a “premeditated attack” on a free European nation.

In addition, the president stated that he has authorized the deployment of more NATO troops to Eastern European countries. While he reiterated that American soldiers will not combat Russia in Ukraine, he also stated that if Russia moves beyond Ukraine’s borders, the US will defend its NATO partners.

“With the full might of American power, the United States will protect every inch of NATO territory,” he declared.

He warned that the Russian invasion would cause some economic hardship for Americans, but that there was no doubt that the US and its allies ought to respond vigorously to the invasion.

He replied, “America stands up to bullies.” “We are who we are.”

Mr. Biden spoke by phone with President Volodymyr Zelensky of Ukraine overnight, as Russian artillery began raining down on Ukraine’s cities, and offered to rally the world behind Ukraine’s besieged nation.

Mr. Biden met with his national security team in the Situation Room on Thursday morning. “How we will hold Russia accountable for its provocative and unjustified war on Ukraine,” officials added. He also held a video meeting with leaders of the Group of Seven nations in an effort to coordinate the global reaction to Mr. Putin’s campaign in Europe.

Mr. Biden had threatened Russia’s economy with severe sanctions for weeks in the hopes that Mr. Putin would abandon plans to invade his neighbor. When Russian President Vladimir Putin stated his desire to conduct war earlier this week, Mr. Biden authorized the start of such sanctions.

However, the president and his European partners held off on the most severe sanctions, warning Mr. Putin that if his tanks crossed Ukraine’s border, the punishment would be increased. – The New York Times deserves credit for this article.

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