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Biden plans to announce ‘severe sanctions’ on Russia today

President Biden plans to impose what he calls “severe sanctions” against Russia on Thursday in a public speech about Russia’s invasion of Ukraine, as explosions rocked Russia. moved cities across the country and signaled what the president described as “an unprovoked and unjustified attack”.

“President Putin has chosen a premeditated war that will bring catastrophic loss of life and property,” Biden said in a statement. “Russia alone is responsible for the death and destruction this attack will bring, and the United States and its allies and partners will respond in a unified and decisive manner. The world will hold Russia accountable.”

Mr. Biden and his top aides have said for days that they will enact broader economic penalties if Russia escalates the conflict in Ukraine and tries to take more territory in the country – a prospect. became a reality on Thursday when the Russian army shown on the movie scene into Ukraine.

Those penalties could include cutting off top Russian banks from the financial system, cutting technology exports, or imposing direct sanctions on Russian President V.Putin and officials his senior.

The administration has imposed a series of initial sanctions, hoping to prevent the Russian leader from a larger attack. But after Putin announced the military campaign, Mr. Biden and lawmakers from both parties in Congress denied the move and signaled in favor of a more drastic response.

Mr. Biden spoke with President Volodymyr Zelensky of Ukraine and briefed him on the steps Washington is taking to rally international condemnation.

“He asked me to call on world leaders to speak out clearly against President Putin’s aggression and stand with the Ukrainian people,” Biden said.

Before giving a speech on Thursday afternoon, Mr. Biden will meet with leaders of the Group of 7 Conference of industrialized nations.

The White House and its European allies announced initial economic sanctions this week after Putin recognized self-declared breakaway states in eastern Ukraine and Russian forces began flooding into the territory. their territory. On Tuesday, Mr. Biden imposed penalties on two Russian banks and some members of Russia’s elite, and banned Russia from dealing in debt in US or European markets. On Wednesday, the administration issued sanctions on the company behind an energy pipeline linking Russia with Germany.

Putin’s statement created a rare moment of bipartisan outrage in Congress as lawmakers in both parties called on Mr Biden to quickly enact new, debilitating sanctions on Mr. Russia.

Senator Jeanne Shaheen, a Democrat of New Hampshire, said: “All options must be weighed against Putin’s wickedness that threatens not only Ukraine and Eastern Europe, but also our security. all liberal democracies globally”. “Putin chose the path that led to war, and now he must suffer the consequences.”

Senator Jim Risch of Idaho, the top Republican on the Foreign Relations Committee, has been pressing the Biden administration for weeks to enact a series of sanctions against Moscow, for activities including Russian gas pipelines. He warned that the consequences Mr. Putin faces would be “painful and quick.”

The House and Senate are absent from session, with lawmakers working from their districts around the country, but senators are expected to receive brief briefings on the situation from the administration. Biden on Thursday afternoon. And even outside Washington, before the invasion, a bipartisan group of senators worked to reach agreement on a new set of sanctions targeting Moscow.

“For more than 70 years, we have avoided large-scale war in Europe,” said Senator Mark Warner, a Virginia Democrat and chairman of the Intelligence Committee. “With his illegal invasion of Ukraine, Vladimir Putin brought decades of shared peace to a disastrous end.”

https://www.nytimes.com/2022/02/24/world/europe/biden-russia-ukraine-sanctions.html Biden plans to announce ‘severe sanctions’ on Russia today

Fry Electronics Team

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