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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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To: tlozo
Weak Biden cannot get Europeans to agree to cut Russia from Swift transactions.

Translation- Russian banks can still receive wire transfers from all over the world.
21 posted on 02/24/2022 12:39:06 PM PST by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: EEGator

Unreal.


22 posted on 02/24/2022 12:41:32 PM PST by RushIsMyTeddyBear (Miss you Rush!)
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To: GreenHornet

He may want to give Smollet a cabin position?


23 posted on 02/24/2022 12:42:10 PM PST by Leep (Freedom: "What's the big deal" -joe biden)
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To: tlozo
Article: "Every asset they have in America will be frozen," Biden said.

Does that include the uranium reserves, that Biden, Hillary, & Barack Hussein sold to 'em? "The world wonders"...

;>)

24 posted on 02/24/2022 12:42:34 PM PST by Who is John Galt? ("Shoeless Joe" played for the White Sox; "Clueless Joe" lives in the White House...)
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To: Republican Wildcat
My Facebook is a wasteland of comments by lefties that fall in either one of three types of people. A divorced 45-year-old white testosterone challenged incel, a 58-year-old dried up New York Jewess, or some pseudo-feminist McMansion inhabiting Caren with kids named Skylar or Paisley. The comments are always

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!

25 posted on 02/24/2022 12:43:02 PM PST by pburgh01
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To: All

26 posted on 02/24/2022 12:43:26 PM PST by mac_truck (aide toi et dieu t'aidera )
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To: GreenHornet

And sign him up for porn sites? *snort*


27 posted on 02/24/2022 12:44:55 PM PST by RushIsMyTeddyBear (Miss you Rush!)
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To: tlozo

“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.


28 posted on 02/24/2022 12:46:28 PM PST by DEPcom (Make the enemy live up to its own book of rules)
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To: tlozo

Maybe Europe should demand Biden change his energy policies or resign?


29 posted on 02/24/2022 12:52:08 PM PST by rrrod (6)
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To: RummyChick

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.


30 posted on 02/24/2022 12:52:57 PM PST by Lumper20 (Our Values have been trashed.)
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To: tlozo

Biden is a fart in a windstorm on the world stage.


31 posted on 02/24/2022 12:54:23 PM PST by dfwgator (Endut! Hoch Hech!)
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To: tlozo

The senile pervert is going international.
The entire world is in trouble!


32 posted on 02/24/2022 12:59:58 PM PST by Leep (Freedom: "What's the big deal" -joe biden)
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To: tlozo

Is he gonna put them on double secret probation?


33 posted on 02/24/2022 1:00:37 PM PST by NicNacPattyWac
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To: NicNacPattyWac

Biden has been presented with options for massive cyberattacks against Russia

https://www.nbcnews.com/politics/national-security/biden-presented-options-massive-cyberattacks-russia-rcna17558


34 posted on 02/24/2022 1:02:48 PM PST by RummyChick ( )
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To: tlozo
I would assume General Milley has already usurped authority in the back-channel communications with Russia. I mean, it's what he does.
35 posted on 02/24/2022 1:06:03 PM PST by fhayek
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To: tlozo

BI=BS


36 posted on 02/24/2022 1:07:10 PM PST by gibsonguy
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To: tlozo

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%.


37 posted on 02/24/2022 1:07:17 PM PST by Thunder90 (All posts soley represent my own opinion.)
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To: Leep
He may want to give Smollet a cabin position?

..Another great post! (seriously)

38 posted on 02/24/2022 1:08:14 PM PST by Thommas
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To: tlozo

Sanctions mean Ka-Ching Ka-Ching to the Biden family corrupt enterprise.


39 posted on 02/24/2022 1:10:06 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: tlozo

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.”


40 posted on 02/24/2022 1:11:43 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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