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Biden announces a series of new sanctions against Russia

2022-02-24T19:40:48.682Z


Joe Biden on Thursday announced a series of new sanctions targeting Russian banks, elites and exports in response to the invasion of Ukraine, which...


Joe Biden on Thursday announced a series of new sanctions targeting Russian banks, elites and exports in response to the invasion of Ukraine, which he said will make Putin "

an international pariah

".

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The United States will impose economic sanctions and export restrictions on Russia, said the American president, assuring that they would impose a “

severe cost on the Russian economy, both immediately and in the long term

”.

Four additional Russian banks will also be sanctioned and more than half of Russia's technology imports cut, he said in a speech from the White House.

We are also adding names to the list of Russian (elites) and their family members who are sanctioned

,” said the tenant of the White House.

Sanctioning Vladimir Putin personally is also “

on the table

”, Joe Biden said again, without wanting to give more details.

Cutting Russia from the Swift interbank network, an essential cog in global finance, also remains "

an option

" according to the American president.

He stressed, however, that "

currently this was not (a) position

" shared by the Europeans, and assured that the other financial sanctions announced Thursday by the United States and their allies had "

as much impact or even more impact

" than this option, demanded by Ukraine itself.

Joe Biden has once again insisted on repeating that the United States is not acting alone on this issue.

"

We are going to limit Russia's ability to do business in dollars, euros, pounds and yen

", he warned, assuring that Vladimir Putin was going to become "

a pariah on the international scene

".

Source: lefigaro

All news articles on 2022-02-24

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