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Biden announces new, harsher sanctions on Russia and says 'this is a dangerous moment for all of Europe'
Business Insider ^ | 2/24/2022 | Sonam Sheth and John Haltiwanger

Posted on 02/24/2022 12:24:06 PM PST by tlozo

President Joe Biden on Thursday announced that the US will impose a second, harsher round of sanctions on Russia following its large-scale invasion of Ukraine.

Biden announced that he had authorized "additional strong sanctions" and "new limitations" on what can be exported to Russia. "We have purposely designed these sanctions to maximize the long term impact on Russia and minimize the impact on the United States and our allies," Biden said.

Building on previous economic penalties imposed by the US, the sanctions target four more major banks in Russia and Russian elites. "Every asset they have in America will be frozen," Biden said.

Biden said the US's new sanctions will apply restrictions on Russia's largest state-owned enterprises, which control more than $1.4 trillion in assets...

"Between our actions and those of our allies and partners, we estimate that we will cut off more than half of Russia's high-tech imports," he said...

The president's remarks came after he met with G7 members to coordinate a more severe response after Russian troops moved in on Ukraine from its northern, eastern, and southern borders, advancing by land, air, and sea...

Ukrainian officials as well as some Baltic states that are part of the NATO alliance said in the wake of Putin's invasion that Russia should be cut off from Swift...

British Prime Minister Boris Johnson also expressed support for the move, but the US and some European Union members including Germany have pushed back on the idea amid concerns that ejecting Russia from Swift could hurt innocent Russians and European creditors as much as Putin and his allies.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Breaking News; Foreign Affairs; News/Current Events; Russia
KEYWORDS: braking; russia; ukraine; war
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Weak Biden cannot get Europeans to agree to cut Russia from Swift transactions.
1 posted on 02/24/2022 12:24:06 PM PST by tlozo
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To: tlozo

Biden needs to put on a Dunce Cap and sit in the corner.

Someone else has got to step up. Where’s Obama on this? Is he going to try to lead the way...LOLOLOL


2 posted on 02/24/2022 12:25:48 PM PST by RummyChick ( )
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To: RummyChick

Gee, I bet that really inspires confidence for everyone in Europe!


3 posted on 02/24/2022 12:27:48 PM PST by LibsRJerks
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To: tlozo

Does Biden have a money laundering operation in Ukraine?

And is this the real reason he’s panicked about it?


4 posted on 02/24/2022 12:28:11 PM PST by reasonisfaith (What are the cosmological implications if the Resurrection of Christ is a true event in history?)
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To: tlozo

Yeah brandon....harsh words and squinty eyes. That’ll stop him in his tracks.

SMH


5 posted on 02/24/2022 12:29:34 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: All

If Biden and the cabal do have a money laundering operation in the Ukraine, and if that country is a headquarters for their child trafficking network, wouldn’t it be best to shut the whole thing down?


6 posted on 02/24/2022 12:29:55 PM PST by reasonisfaith (What are the cosmological implications if the Resurrection of Christ is a true event in history?)
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To: LibsRJerks

Don’t worry, they’re purchasing more Gazprom gas tomorrow.


7 posted on 02/24/2022 12:30:09 PM PST by EEGator
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To: tlozo

I love how the leftest media keep trying to prop-up biden as someone important. bidon is completely powerless, everyone knows it.


8 posted on 02/24/2022 12:30:16 PM PST by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: tlozo

Shut off their Facebook. That will stop Putin.


9 posted on 02/24/2022 12:30:40 PM PST by cp124 (Living under medical tyranny. )
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To: tlozo

Biden’s inauguration was a dangerous moment for the United States and all of the world - we have seen this time and time again - one disaster after another.

but at least there are no more mean tweets - those that voted for Biden can sleep well at night that Trump is no longer sending out silly tweets while the world burns.


10 posted on 02/24/2022 12:31:53 PM PST by Republican Wildcat
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To: tlozo

Dumbassery on display.


11 posted on 02/24/2022 12:32:07 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: tlozo

What an absolute meat puppet fool this devil in the White House is! What will he apologize for when the cyber war grinds America to a halt and food supplies disappear and water stops being pumped up into the water towers and sewage backs up because the treatment plants are shut down and disease begins to murder millions? Well, if no one tells him in his basement he will remain docile.


12 posted on 02/24/2022 12:32:08 PM PST by MHGinTN (A dispensation perspective is a powerful tool for discernment)
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To: tlozo
Weak Biden cannot get Europeans to agree to cut Russia from Swift transactions.

Because Europe doesn't want to have their Natural Gas from Nord Stream I cut off.

13 posted on 02/24/2022 12:32:22 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: tlozo

The most dangerous threat facing Europe is the Hero of Kabul.


14 posted on 02/24/2022 12:32:48 PM PST by Robwin ( )
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To: All

Why does the media never speak of the massive criminal syndicate headquartered in the Ukraine?


15 posted on 02/24/2022 12:32:54 PM PST by reasonisfaith (What are the cosmological implications if the Resurrection of Christ is a true event in history?)
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To: RummyChick
Someone else has got to step up. Where’s Obama on this? Is he going to try to lead the way...LOLOLOL

Obama yea just what we need, I can hear it now from Putin..."Shut up silly little Black man"

16 posted on 02/24/2022 12:34:07 PM PST by pburgh01
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To: tlozo

his excuse for not cutting Swift access is a 0bama

all in boi all in


17 posted on 02/24/2022 12:34:13 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: tlozo

Biden’s sanctions are only to punish Americans, and get him his 10%.


18 posted on 02/24/2022 12:35:16 PM PST by Empire_of_Liberty
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To: tlozo

In addition to the sanctions announced today, White House sources have confirmed that later tonight, Biden is planning on calling a local Moscow pizzeria and sending a bunch of pizzas to Putin’s house that he didn’t order.


19 posted on 02/24/2022 12:35:45 PM PST by GreenHornet
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To: RummyChick
Biden needs to put on a Dunce Cap and sit in the corner.

Post of the day on FR and pretty much 100% accurate, too.

20 posted on 02/24/2022 12:35:49 PM PST by RayChuang88 (FairTax: America's Economic Cure)
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