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Biden Broadcasts New Russia Sanctions: Putin Will ‘Bear the Penalties’

By , in Politics , at February 24, 2022

WASHINGTON — President Biden on Thursday mentioned the USA is imposing what he mentioned could be crushing sanctions on Russia for waging conflict on Ukraine, denouncing President Vladimir V. Putin of Russia for launching a “brutal assault on the folks of Ukraine” in a single day.

“Putin is the aggressor. Putin selected this conflict,” Mr. Biden mentioned in remarks from the White Home. “And now he and his nation will bear the results.”

Mr. Biden mentioned the USA would lower off Russia’s largest banks and largest corporations from the western monetary markets and would limit exports of know-how to Russia, saying that will vastly degrade the nation’s means to thrive within the weeks, months and years forward.

He additionally mentioned the USA was freezing trillions of {dollars} in Russian property, together with the funds managed by Russian elites and their households, making them pay for what Mr. Biden known as “a premeditated assault” towards a free nation in Europe.

And the president mentioned that he had licensed sending extra troops to Japanese European international locations within the NATO alliance. Whereas he vowed once more that American troops is not going to have interaction with Russia in Ukraine, he mentioned that the USA would defend its NATO allies if Russia moved past Ukraine’s borders.

“America will defend each inch of NATO territory with the total power of American energy,” he mentioned.

He warned People that they might really feel some financial ache from the Russian invasion, however he mentioned there was no query that the USA and its allies wanted to reply aggressively to the invasion.

“America stands as much as bullies,” he mentioned. “That is who we’re.”

In a single day, as Russian armament started raining down on Ukraine’s cities, Mr. Biden spoke by telephone with President Volodymyr Zelensky of Ukraine and pledged to rally the world behind assist for the besieged nation.

On Thursday morning, Mr. Biden met along with his nationwide safety workforce within the Scenario Room. Officers mentioned they mentioned “how we’ll maintain Russia accountable for its unprovoked and unjustified assault on Ukraine.” He additionally met by video with leaders of the Group of seven nations in an effort to coordinate the worldwide response to the conflict in Europe begun by Mr. Putin.

Mr. Biden had for weeks threatened extreme sanctions that would cripple Russia’s economic system, within the hopes that Mr. Putin would again down from plans to invade his neighbor. Earlier this week, Mr. Biden licensed the start of these sanctions when the Russian chief declared his intention to wage conflict.

However the president and European allies had held again essentially the most aggressive sanctions and warned Mr. Putin that the punishment would improve if his tanks rolled throughout Ukraine’s border.

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