Sanctions on Russia: Biden isolates Moscow from Western financial system and accuses it of embarking on “invasion of Ukraine”
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- BBC News World
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Western sanctions began to fall on Russia after Vladimir Putin’s confession Independence The Regions Ukrainian From Donetsk Luhansk He announces the dispatch of “pacification” troops to those areas, which were perceived as a prelude to the invasion.
The president of the United States, Joe Biden, announced on Tuesday Package of measures including “total ban sanctions” To two large Russian financial institutions, the Russian military Bank and VIP, the State Bank responsible for supporting the development of the economy, managing state debt and pension funds.
Biden announced supplementary sanctions to hit Russia’s sovereign debt.”Which means we cut off the Russian government from Western funding“.
“Russia will not be able to make money from the West and will not be able to negotiate its debts in our markets or in European markets,” he said.
The president considered that the step taken by Putin was “The beginning of the Russian invasion”e “Flagrant violation of international law”.
“Simply put, Russia has just announced that it is taking a significant part of Ukraine. In my opinion, it is to create a reason to seize more territory by force. This is the beginning of the Russian invasion of Ukraine, as Putin noted, and asked permission to do so from the State Duma.”
The president…
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