If Russia continues, we will impose more sanctions. This was stated by US President Joe Biden, who made a statement regarding the situation in Ukraine. This is his first public statement since Russian President Vladimir Putin recognized the Donetsk and Luhansk People’s Republics as independent states.
“This is the beginning of a Russian invasion of Ukraine,” he said, adding that he would begin imposing sanctions that would be tougher than those imposed after the annexation of Crimea in 2014.
The sanctions already imposed by the United States include several Russian financial institutions, sovereign debt and members of Russia’s elite and their families.
“They are all involved in the Kremlin’s backstage games and must share the punishment,” Biden said. He added: “I am taking these tough actions to make sure that the burden of sanctions will be on the Russian economy, not ours.”
“If Russia goes further with this invasion, we are ready to go further with sanctions. “Who in God’s name, Putin, thinks gives him the right to declare two so-called states in a territory that belongs to his neighbors?” He added.
According to Biden, his administration is closely monitoring energy supplies and any potential disruptions and coordinating with the country’s oil producers to avoid price spikes. “I want to minimize the blow to Americans from a possible sharp rise in gasoline prices.” That’s especially important to me. “
Nord Stream 2 will not be implemented. We will continue to support Ukraine. “New NATO forces will be stationed in the Baltic states,” Biden said.
He pointed out that Russia’s actions are a gross violation of international law and require a firm global response.
Watch live as I provide an update on Russia and Ukraine. https://t.co/3RmJlgWTVF
President Biden (@POTUS) February 22, 2022
“There is no excuse for Russia’s actions and only it is responsible. “We are working in line with our partners in Europe against Russia’s threat to global security,” he said.
Joe Biden has authorized additional relocations of US troops to Europe. Military and equipment already on the Old Continent will be sent to the three Baltic states – Lithuania, Latvia and Estonia.
“Let me be clear – this is about defensive moves on our part. “We have no intention of fighting Russia,” he said.
Biden warned that there was still room for diplomacy and expressed hope that the worst-case scenario could be avoided. “None of us should be lying and none of us will be deceived, there is no excuse. “A further Russian attack on Ukraine remains a serious threat in the coming days,” he said.
PUTIN’S DECISION SHAKES THE WORLD: Reactions, sanctions and market crashes (OVERVIEW)
Recall that after Putin’s decision, it became clear that Biden had signed an order banning “new investments, trade and financing by individuals from the United States in the two breakaway regions of eastern Ukraine.”
The order also gives US authorities the opportunity to impose sanctions on any individual who decides to operate in these regions of Ukraine, “White House spokeswoman Jen Saki said in a statement earlier. measures and added that they will be separate from the sanctions that the United States and its allies are preparing against Russia if it invades Ukraine.
EVERYTHING ABOUT THE ESCALIZATION OF TENSION BETWEEN NATO AND RUSSIA READ HERE
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