World powers impose fresh sanctions after 'Russia's invasion of Ukraine', Germany halts gas pipeline project
Zee News
Western powers have long made clear that the fate of Ukraine wasn't worth a direct military confrontation with Russia and the potential of a world war, so sanctions were the only limited option.
UNITED NATIONS: Responding swiftly to Russian President Vladimir Putin's order sending troops to separatist regions of Ukraine, world leaders have hit back with non-military actions against Moscow in hopes of averting a full-blown war in Europe.
Germany
Germany made the first big move, taking steps to halt certification of the Nord Stream 2 gas pipeline from Russia, a massive, lucrative deal long sought by Moscow but criticized by the US for increasing Europe's reliance on Russian energy supplies.
United States
In Washington, US President Joe Biden announced financial sanctions as punishment for what he called ‘the beginning of a Russian invasion of Ukraine.’ The sanctions will hit Russian financial institutions and oligarchs. He said the US would impose ‘full blocking’ on two large Russian financial institutions and ‘comprehensive sanctions’ on Russian debt.
