"Who In Lord's Name Does Putin Think...?" Biden Announces New Sanctions
NDTV
This comes after President Vladimir Putin recognized the independence of breakaway regions Donetsk and Luhansk and ordered Russian troops there.
US President Joe Biden on Tuesday (local time) announced new sanctions against Russia and called President Vladimir Putin's moves in eastern Ukraine the "beginning of a Russian invasion".
This comes after President Vladimir Putin recognized the independence of breakaway regions Donetsk and Luhansk and ordered Russian troops there.
Speaking on the Russia-Ukraine crisis from the White House, Biden also called Putin's moves the "beginning of a Russian invasion" of Ukraine as he announces new sanctions against Moscow.
"We are implementing full blocking sanctions on two large Russian financial institutions: VEB and their military bank," Biden said adding, "We are implementing comprehensive sanctions on Russia's sovereign debt. That means we have cut off Russia's government from Western financing. It can no longer raise money from the West and can not trade in its new debt on our markets or European markets either."
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