Biden said the sanctions would limit Russia’s ability to do business in dollars, euros, pounds and yen
Russia Ukraine Conflict: President Joe Biden unveiled harsh new sanctions against Russia on Thursday after Moscow launched an all-out invasion of Ukraine, imposing measures to impede Russia’s ability to do business in the world’s major currencies along with sanctions against banks and state-owned enterprises.
“This is a premeditated attack,” Biden told reporters at the White House, saying Russian President Vladimir Putin rejected attempts by the West to engage in dialogue and had violated international law. “Putin is the aggressor. Putin chose this war. And now he and his country will bear the consequences.” Biden said the sanctions were designed to have a long-term impact on Russia and to minimize the impact on the United States and its allies. And he said Washington was prepared to do more.
Biden said the sanctions would limit Russia’s ability to do business in dollars, euros, pounds and yen. Biden said NATO would meet on Friday to map out further measures. He reiterated that the United States would not engage in war with Russia, but that it would meet its Article 5 commitments to defend NATO partners…Read More
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