Biden Announces Over 500 Sanctions on Russia
  • 2 months ago
Biden Announces , Over 500 Sanctions on Russia.
President Biden announced the sanctions
on Feb. 23 in response to the death of
Alexei Navalny and Russia's continued
war with Ukraine, NBC News reports. .
President Biden announced the sanctions
on Feb. 23 in response to the death of
Alexei Navalny and Russia's continued
war with Ukraine, NBC News reports. .
President Biden announced the sanctions
on Feb. 23 in response to the death of
Alexei Navalny and Russia's continued
war with Ukraine, NBC News reports. .
The sanctions are intended to
target those responsible for Navalny's imprisonment and subsequent death.
They will also target the country's "financial sector, defense industrial base, procurement networks
and sanctions evaders," NBC News reports. .
They will ensure Putin pays an even steeper price for his aggression abroad and repression at home, President Joe Biden, via statement.
Additionally, export restrictions will be imposed on nearly 100 entities that have supported Russia's military aggression.
Additionally, export restrictions will be imposed on nearly 100 entities that have supported Russia's military aggression.
The U.S. will also take steps to
limit Russia's energy revenues.
I’ve directed my team to
strengthen support for civil
society, independent media,
and those who fight for
democracy around the world, President Joe Biden, via statement.
The president went on to emphasize
an urgent need for Congress to pass the Senate's latest foreign aid package since Ukraine is "running out of ammunition.".
Deputy Treasury Secretary Wally Adeyemo
said that previous U.S. sanctions imposed on
Russia have been successful, NBC News reports. .
Fundamentally, our strategy does not only
pertain to slowing down Russia’s ability to
build the weapons they want, it also includes
speeding up the Ukrainians' ability to defend
themselves by providing them with weapons
and resources to build their economy, Deputy Treasury Secretary Wally Adeyemo, via statement
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