The penalties fall in line with the White House’s insistence that it would look to hit Russia’s financial system and Putin’s inner circle, while also imposing export controls.
President Joe Biden speaks about the Russian invasion of Ukraine in the East Room of the White House, Thursday, Feb. 24, 2022, in Washington. WASHINGTON — President Joe Biden on Thursday announced a new round of sanctions targeting Russia after its invasion of Ukraine, charging that Russian leader Vladimir Putin “chose this war” and that his country will bear the consequences of his action., oligarchs, and high-tech sectors, Biden said.
The penalties fall in line with the White House’s insistence that it would look to hit Russia’s financial system and Putin’s inner circle, while also imposing export controls that would aim to starve Russia’s industries and military of U.S. semiconductors and other high-tech products. Damaged radar arrays and other equipment is seen at Ukrainian military facility outside Mariupol, Ukraine, Thursday, Feb. 24, 2022.Biden, for now, held off imposing some of the most severe sanctions, including cutting Russia out of the SWIFT payment system, which allows for the transfers of money from bank to bank around the globe, or Russia’s energy sector.
Biden announced the sanctions as Ukraine’s government reported mounting casualties as Russian forces attack from the east, north and south.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden imposes additional sanctions on Russia: 'Putin chose this war'President Joe Biden on Thursday unveiled harsh new sanctions on Russia meant to punish the country for its full-scale invasion of Ukraine, calling out Russian President Vladimir Putin for his aggression even as he acknowledged it would take time for the new measures to alter Putin's behavior.
Read more »
Biden hits Russia with new sanctions, says Putin 'chose' warWASHINGTON (AP) — President Joe Biden on Thursday announced a new round of sanctions targeting Russia after its invasion of Ukraine, charging that Russian leader Vladimir Putin “chose this war' and that his country will bear the consequences of his action.
Read more »
Biden, Putin signal bigger confrontation ahead over UkraineUkraine's military says it has begun the partial call of up of reservists that President Volodymyr Zelenskyy ordered Tuesday night.
Read more »
Biden must hit Putin harder with sanctions now, before Ukraine is invaded further | Trudy RubinA Russian leader who makes publicly clear that he believes an independent democracy like Ukraine has no right to exist is a danger to Europe and the United States, writes columnist trudyrubin.
Read more »
Biden, Putin Signal Bigger Confrontation Over UkraineThe East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Joe Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks
Read more »
Biden, Putin signal bigger confrontation ahead over UkraineUkraine's military says it has begun the partial call of up of reservists that President Volodymyr Zelenskyy ordered Tuesday night.
Read more »