Biden announces new Russia sanctions: Putin will ‘bear the consequences’

WASHINGTON – President Biden on Thursday said the United States is imposing what he says will crush sanctions on Russia for waging war with Ukraine, accusing President Vladimir V. Putin of Russia of having unleashed launched a “brutal attack on the Ukrainian people” overnight.

“Putin is an aggressor. Putin chose this war,” Biden said in remarks from the White House. “And now he and his country will suffer the consequences.”

Mr. Biden said the United States would cut Russia’s biggest banks and biggest companies from Western financial markets and would limit technology exports to Russia, saying that would significantly reduce it. the country’s growth potential in the coming weeks, months and years.

He also said the US had frozen trillions of dollars in Russian assets, including funds controlled by Russian elites and their families, costing them what Mr. a premeditated attack” against a free country in Europe.

And the president says he has authorized sending more troops to the Eastern European countries in the NATO alliance. While he stated again that the US military would not engage Russia in Ukraine, he said that the US would protect its NATO allies if Russia moved beyond Ukraine’s borders.

“The United States will defend every inch of NATO territory with the full force of America,” he said.

He warned the Americans that they would feel some economic pain from the Russian invasion, but he said there was no problem the United States and its allies needed to respond strongly to the invasion. comb.

“America is against bullies,” he said. “That’s who we are.”

Overnight, as Russian weapons began to fall on Ukrainian cities, Mr. Biden spoke by phone with Ukrainian President Volodymyr Zelensky and pledged to rally the world in support of the besieged nation.

On Thursday morning, Mr. Biden met with his national security team in the Situation Room. Officials said they discussed “how we will hold Russia accountable for its unprovoked and unjustified attack on Ukraine.” He also met by video with the leaders of the Group of Seven in an effort to coordinate the global response to the war in Europe started by Putin.

Mr. Biden for weeks has threatened severe sanctions that could cripple Russia’s economy, in the hopes that Mr. Putin will reject his plans to invade his neighbour. Earlier this week, Mr. Biden authorized the start of those sanctions when the Russian leader announced his intention to wage war.

However, the president and his European allies rejected the harshest of sanctions and warned Putin that sanctions would increase if his tanks rolled across the Ukrainian border. Biden announces new Russia sanctions: Putin will ‘bear the consequences’

Fry Electronics Team

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