Biden Announces Sanctions Against Russia, Calls Ukraine Invasion ‘a Flagrant Violation of International Law’

President Biden announced Tuesday that the U.S. and its allies are implementing “full blocking sanctions” on two of Russia’s banks as well as sanctions on its “sovereign debt.”

Therefore, the Russian government is cut off from western financing and “can no longer raise money from the West” or “trade in its new debts on our markets or European markets either.”

Furthermore, he said that the Russian pipeline Nord Stream 2 will not go forward.

Yesterday, Vladimir Putin recognized two regions of Ukraine as independent states, and he bizarrely asserted that these regions are no longer part of Ukraine and they are sovereign territory. To put it simply, Russia just announced that it is carving out a big chunk of Ukraine. Last night, Putin authorized Russian forces to deploy into the region, these regions.

continued:
https://www.cnsnews.com/article/washington/melanie-arter/biden-announces-sanctions-against-russia-calls-ukraine-invasion

oh dear! germany cant sell their gas to russia? what a bummer.

Beijing probably secretly told Russia that he was happy about it. Like with all Democrats, what they say publicly is not the same as what they say privately. If it was President Trump, the "real information" would have been "leaked"..

Apparently the world will freeze the bank accounts of the Russian Govt and the oligarchs.
Good move.

There is also talk the Russian banks will have their SWIFT codes denied.

Good news