Loading...

mosque
partly-cloudy
°C,

Biden announces sanctions to cut Russia off from Western financing

February 23, 2022 / 12:03 AM
Image for the title: Biden announces sanctions to cut Russia off from Western financing
download-img
Sharjah24 - AFP: US President Joe Biden on Tuesday announced what he called the "first tranche" of sanctions against Russia, including steps to starve the country of financing, saying Moscow had started an invasion of Ukraine.

"We're implementing sanctions on Russia's sovereign debt. That means we've cut off Russia's government from Western financing," Biden said.

The measures also would target financial institutions, and Russian "elites," the US leader said.
February 23, 2022 / 12:03 AM

Related Topics

More on this Topic

Rotate For an optimal experience, please
rotate your device to portrait mode.