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 ...
Unreal.
He may want to give Smollet a cabin position?
Does that include the uranium reserves, that Biden, Hillary, & Barack Hussein sold to 'em? "The world wonders"...
;>)
Well at least we don't have to tolerate Trump's arrogance, his fumbling of Covid, his climate denials, and his prevarications that led to Jan 6th.
They are mentally ill. Send Skylar to the front!
And sign him up for porn sites? *snort*
“we estimate that we will cut off more than half of Russia’s high-tech imports”
I wonder how we are going to keep China would exporting those high-tech products. Alot of our high-tech products are made in China. Biden can block the items made in the USA, but he cannot block the stuff in China.
Maybe Europe should demand Biden change his energy policies or resign?
Both Biden and Obama trashed America. Obama had his so called
education pick, a NAMBLA puke, direct teaching little boys to become attracted to other boys. Obozzo trashed our economy like Biden. From the universal health care BS to trillions in debt plus a trashed America -both have trashed our economy, raised gas prices when we have more natural resources than any other country, Under Trump our America was back. Biden is our worse disgrace since Pelosi and another DEM. signed off that Obama was natural born.
Biden is a fart in a windstorm on the world stage.
The senile pervert is going international.
The entire world is in trouble!
Is he gonna put them on double secret probation?
Biden has been presented with options for massive cyberattacks against Russia
BI=BS
How do you think Hunter’s money from Russia comes through? Swift. And Hunter serves as Russia’s conduct to sanctions bust. Meanwhile Hunter gets hundreds of millions of dollars and daddy gets his 10%.
..Another great post! (seriously)
Sanctions mean Ka-Ching Ka-Ching to the Biden family corrupt enterprise.
Putin to aides in Moscow:
“Biden with still more sanctions? More?! Somebody make him stop! I’m going crazy with anxiety. I can’t take it any more.”
Aide: (laughing hysterically) “Oh, stop it. Stop it. My sides are hurting.”
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