https://www.bbc.com/news/world-us-canada-60481918
TLDR:
– US President Joe Biden has announced new sanctions against Russia in response to their invasion of Ukraine
– The sanctions are targeting Russian banks and oligarchs
In response to Russia’s invasion of Ukraine, US President Joe Biden has announced a new round of sanctions aimed at punishing Russian banks and oligarchs. These sanctions are a part of the US government’s efforts to put pressure on Russia and deter further aggression in Ukraine.
The sanctions target two Russian banks – Sberbank and Alfa Bank – as well as several Russian oligarchs with close ties to the Kremlin. The US government hopes that by targeting these entities, they will be able to limit Russia’s ability to finance its military operations and support the Ukrainian government.
President Biden has called on other countries to join the US in imposing sanctions on Russia, and has vowed to hold the Russian government accountable for their actions in Ukraine.
In addition to the sanctions, President Biden announced that the US will be sending more military support to Ukraine, including weapons and supplies. The US government has also announced that it will be expanding its military presence in Eastern Europe in response to the crisis.
Meanwhile, Russian President Vladimir Putin has warned that any attempt to impose a no-fly zone over Ukraine would be seen as an act of war. Putin has also ordered Russian nuclear forces to be put on high alert, escalating tensions between Russia and the West.
The situation in Ukraine remains tense, with hundreds of thousands of people fleeing their homes and seeking refuge in neighboring countries. The Ukrainian government has called on the international community to provide more support to help them defend their country against Russian aggression.
Overall, the new sanctions against Russia mark a significant escalation in the conflict between Russia and Ukraine, and raise concerns about the potential for a wider war in Europe. The international community will be closely watching how Russia and the US respond to these developments in the coming days.
