US announces sanctions against Russia over situation in Ukraine | News

The President of the United States (USA), Joe Biden, announced on Tuesday new sanctions against Russia after President Vladimir Putin recognized the independence of the self-proclaimed republics of Donetsk and Lugansk.

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The president asserted that the sanctions are coordinated by members of the European Union (EU) and the North Atlantic Treaty Organization (NATO), “I announce the following sanctions: Blocking two Russian financial institutions and their military bank, sanctions on their sovereign debt (Russia will not be able to obtain money or access Western markets), we impose sanctions on the Russian elite,” he said.

“If Russia goes further with the invasion, we will go further with the sanctions (…) These are defense actions and we have no intention of attacking Russia, the US will defend every inch of NATO territory,” President Biden threatened.

Biden assured that in the presence of Russian troops in areas bordering Ukraine, the US will also be in charge of allying with European nations, especially with Germany, to torpedo the advance of the Nord Stream 2 gas pipeline, which has the capacity to supply gas from Russia to nearly 26 million families in Europe.

Although Biden emphasized that diplomacy will be prioritized to resolve the situation in Ukraine, he threatened the Russian Executive with more sanctions, “our Government will use every possible tool to protect consumers and companies,” he warned.



Earlier, President Vladimir Putin clarified that his country has not sent troops to the Donetsk and Lugansk territories, “I did not say that the troops would go there right now, at the end of the meeting with you here,” he explained.

At the same time, the Russian president clarified that Moscow will help Donetsk and Lugansk from an economic, humanitarian and, if applicable, military point of view.