President Biden announced on Tuesday that the United States will impose sanctions against Moscow in response to what he described as “the beginning of a Russian invasion of Ukraine.” Read more:
President Biden announced Tuesday that the United States will levy its first tranche of economic sanctions against Moscow, responding in concert with European allies to what he described as “the beginning of a Russian invasion of Ukraine” while holding stronger measures in reserve.
Shortly after the announcement, Secretary of State Antony J. Blinken said he had called off his planned meeting this week in Geneva with his Russian counterpart, Sergei Lavrov. In 2015, Iran agreed to suspend most production of nuclear materials in exchange for the lifting of sanctions that had crippled the country’s economy and blocked its ability to sell oil on the world market.
Biden said that the U.S. would be repositioning troops already in Europe to shore up forces along NATO’s eastern flank, including an infantry battalion task force of approximately 800 personnel, from Italy to the Baltic region, but sought to clarify that those movements were “totally defensive” in nature. “We have no intention of fighting Russia,” he said.
He added that stronger measures remained on the table, including barring Russia from the SWIFT global banking network, a high-security communications platform linking the world’s financial institutions, as well as export controls and additional sanctions on other Russian banks and oligarchs, including Putin.The EU’s top diplomat says that ‘Russian troops are on Ukrainian soil’ — but that it was not yet ‘a fully fledged invasion.
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