Russia has started the war in Ukraine and now it faces stronger sanctions from the United States and Europe. Joe Bidenpresident of the United States, warns that this is the war that Vladimir Putin has “chosen”and assures that now both he, his family, and Russia, will have to face the consequences.
The president of the United States has explained in a press conference after hours of contacts with the partner countries; also with the president of Ukraine, Volodimir Zelensky, who will try to maximize the impact of these new sanctions on Russia and minimize it in other countries, so that it affects the European Union as little as possible. And it is that he warns that the United States is not alone in this response: “We have spent months building a coalition of strong partners to support the world economy and to prepare a joint response to situations like this.”
Specifically, he referred to the sanctions that have to do with exports, “which are going to affect the Russian economy now and over the next few years.” “We are going to prevent Russia from doing its business in euros, dollars, yen and other currencies, we are going to block its ability to grow as a world power,” the US president maintained.
For example, Biden has stated that Russian banks will be sanctionedincluding Sberbank and VTB Bank, freezing its assets and blocking for them access to the US financial system. A ban on Russia receiving money from European investors is also imposed.
Similarly, the United States imposes sanctions on top Russian government officials and their families. “Those people are going to be hurt because it goes against our values.”
On the other hand, Biden has talked about blocking “Russian imports of high-tech products and the Russian Space program.
All in all, the US package leaves out for now limiting Russia’s access to the SWIFT mechanism, which facilitates financial transactions. Biden has assured that “it is always an option”, but that in any case the new sanctions have “more consequences”.
“This, in the long term, I hope put an end to the strategic ambitions of this country. We will do everything possible to defend our allies,” confided the politician, who believes that Russia aspires to “reestablish the Soviet Union.” He has also declared that US troops in Germany will be increased.
Source: Lasexta
Mario Twitchell is an accomplished author and journalist, known for his insightful and thought-provoking writing on a wide range of topics including general and opinion. He currently works as a writer at 247 news agency, where he has established himself as a respected voice in the industry.
