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Ukraine Live Updates: US Sanctions Russia For "Beginning" Invasion Of Ukraine

Ukraine Live Updates: US Sanctions Russia For "Beginning" Invasion Of Ukraine

NDTV
Wednesday, February 23, 2022 02:09:44 AM UTC

Ukraine crisis: Joe Biden announced what he called the "first tranche" of sanctions, including steps to starve Russia of financing and target financial institutions and the country's "elites."

US President Joe Biden on Tuesday announced tough new sanctions on Russia for "beginning" an invasion of Ukraine but said there was still time to avoid war, even as Vladimir Putin signaled plans to send troops beyond Russia's borders.

Russia's upper house, the Federation Council, gave Putin unanimous approval to deploy "peacekeepers" to two breakaway Ukrainian regions now recognized by Moscow as independent, and potentially into other parts of Ukraine.

Biden announced what he called the "first tranche" of sanctions, including steps to starve Russia of financing and target financial institutions and the country's "elites."

But he left the door open to a final effort at diplomacy to avert a full-scale Russian invasion.

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