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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

What would happen if Russia, not having access/control of the global banking cartel SWIFT network to punish enemies, decided to take out SWIFT to castrate Biden?


41 posted on 02/24/2022 1:12:11 PM PST by WMarshal ("No war for communism")
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To: ifinnegan
Sanctions mean Ka-Ching Ka-Ching to the Biden family corrupt enterprise.

Not to mention Soros and the Bush Family. The late George H.W. Bush was the CIA Director (Jan. 1976- Jan. 1977) and had insider business ties out the wazoo.

42 posted on 02/24/2022 1:15:09 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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To: tlozo
Putin should challenge/humiliate Biden by challenging Biden to a one-on-one to resolve the conflict by saying “Mr. Biden talks like a tough guy always saying that he would beat up people behind a gymnasium somewhere. If tough-guy Biden wants to save lives then he will accept my challenge to settle this conflict with a Biden/Putin death match?”
43 posted on 02/24/2022 1:19:49 PM PST by WMarshal ("No war for communism")
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To: tlozo

Weak Biden cannot get Europeans to agree to cut Russia from Swift transactions.
————-
Confused Biden has no idea, facts reveal yet again another Biden sell out. First, Biden has been buying 600,000 barrels a week of oil from Russia since he shut down our oil industry, more than Saudi purchases. Oil analysts state he has given Putin up to a billion dollars ( to fund his war chest) in revenue. Something stinks.

As for the EU, they are even more confused. They ( Germany) shut down the Nordstream Russian energy pipeline, huh? Why would they shut down a large portion of gas they need and are dependent upon. Suicidal? Maybe get the price of energy to go ballistic? Again, something stinks.

Do remember, Trump kept Putin from invading Ukraine simply by promising Putin he would never let Ukraine into NATO. Both sides quickly agreed.

Biden is an idiot, everything he touches becomes corrupted. Corrupt Ukraine is the money laundering Capitol of the world ( remember Burisma , Hunter and the big guy)….that stinks, everything about this “ crisis” stinks.

That said, think spiritually, a hallmark of divine intervention: evil is used to destroy evil….both Ukraine and Russia governments are corrupt, countries. Both are no good- we have no business there. Let the children work it out.


44 posted on 02/24/2022 1:40:47 PM PST by delta7
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To: tlozo

Wow Russia must be shaken....


45 posted on 02/24/2022 1:40:49 PM PST by 1217Chic
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To: tlozo

western europe is already a vassal state to russia ever since it went “green” and shut down its nuke and coal plants and imported 75% [according to Trump] of their energy from russia ... russia has already won its war with western europe without firing a shot ...

makes zero sense for the U.S. to involve itself in yet ANOTHER European war that those idiots brought upon themselves in the first place ... they can freeze in the dark while they shake their fists in defiance at putin ...

in the mean time, Dementia Joe gets to claim that bidenflation and all the rest of the economic destruction he deliberately fostered in the U.S. is putin’s fault ...

so, western europe gets to reduce its carbon footprint, putin can grab as many former soviet provinces as he wants without fear of NATO intervention,and dementia joe gets an excuse for killing the American economy ...

i think that’s what they call one o’ them thar win-win-win sitsheashuns ...


46 posted on 02/24/2022 1:43:28 PM PST by catnipman (Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
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To: tlozo

“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...”

Won’t happen.

SWIFT is how Russia gets paid for oil and gas.

And NOBODY is going to shut it off.


47 posted on 02/24/2022 1:54:50 PM PST by Mariner (War criminal #18)
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To: catnipman

Eisenhower back in 1951 said- “The US should leave or will leave NATO in 10 years.” Europe has never been stable. We need to close all US installations in NATO.


48 posted on 02/24/2022 2:04:30 PM PST by Lumper20 (Our Values have been trashed.)
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To: tlozo

Yet again...all the “players” reading the same narrative from the same script.


49 posted on 02/24/2022 2:05:43 PM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: tlozo

Sanctions will damage the USA more than Putin and his regime.


50 posted on 02/24/2022 2:18:58 PM PST by Iron Munro ( Joe Biden - Inventor Of The First New Language since Esperanto)
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To: tlozo

Maybe, to give the sanctions extra bite, Biden can ask Mike Lindell to produce some uncomfortable pillows to send to the Russians so that they will loose sleep.


51 posted on 02/24/2022 5:17:01 PM PST by Hieronymus
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To: tlozo

Germany isn’t going to sanction Russia - because Germany needs Russian energy.

All this talk of sanctions is nonsense.

Russian energy assets don’t rely on western credit nor western payment systems. Europe needs that energy - they aren’t to cripple their own economies just to help out the dementia patient in the Whitehouse.


52 posted on 02/24/2022 5:25:57 PM PST by agere_contra
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To: Mariner
And NOBODY is going to shut it off.

If Putin wanted to, he could ask Germany to pay for gas with Gold. Swift is vulnerable, but - that isn't the big problem.

A gold/energy bourse in Europe would put the *petrodollar* in the crosshairs. The US doesn't have 8000 tonnes of gold: not since Clinton. Just notional trillions in paper debt instruments.

53 posted on 02/24/2022 5:43:18 PM PST by agere_contra
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To: All

Okay, so it’s not supposed to be “the” Ukraine.

But lets face it—it feels much better than saying plain old “Ukraine.”

Why can’t we just acknowledge the USSR is dead, but at the same time keep saying “the Ukraine” as a sort of relic from the past?


54 posted on 02/25/2022 7:41:34 AM 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

If I were Putin it is the right time to gobble up towards Germany.


55 posted on 03/03/2022 11:17:11 AM PST by NorseViking
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To: NorseViking
If I were Putin it is the right time to gobble up towards Germany.

Putin is gobbling up the low hanging fruit, Ukraine will be it for now.

56 posted on 03/03/2022 11:19:19 AM PST by 1Old Pro
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To: 1Old Pro

Ukraine is probably the second most powerful in Europe after France militarily.


57 posted on 03/03/2022 11:37:50 AM PST by NorseViking
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To: NorseViking

By any estimation, the battle for Ukraine was never going to be a fair fight.

The invading Russian Federation commands the world’s second-most powerful military, behind only the United States, having spent an estimated $61.7 billion US on defence in 2020, according to figures compiled by the Stockholm International Peace Research Institute.

Ukraine spent a tenth of that, just $5.9 billion US.

And that disparity shows in almost every possible comparison.

Russia has almost 900,000 active military personnel to draw on in its war of aggression, versus Ukraine’s standing military of around 200,000.

Ukraine has vastly fewer attacking aircraft — 146 versus Russia’s 1,328 — and helicopters; just 42 versus 478.
The Russian tanks rumbling towards the capital, Kyiv, are part of an overall armoured corps of 31,000 vehicles, compared to Ukraine’s 5,000.

The Russian Navy boasts 605 vessels, including 70 submarines, that can be deployed in the Black Sea, off the Ukrainian coast. While the Ukrainian fleet has just 38 ships, and no submarines.


58 posted on 03/03/2022 11:47:57 AM PST by 1Old Pro
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To: 1Old Pro

At least we agree that Ukraine is over.


59 posted on 03/03/2022 11:50:42 AM PST by NorseViking
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To: tlozo
All of this is to cover up Burisma Holding Company business dealings, and common interest holding by people in the American and Russian governments.
60 posted on 03/05/2022 9:58:22 PM PST by political1 (Love your neighbors)
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