Biden imposes new sanctions on Russia: ‘America stands up to bullies’
by Lauren Gambino in Washington from on (#5WFW2)
President takes aim at Russia's largest banks and companies but is emphatic US troops will not engage in conflict in Ukraine
Joe Biden on Thursday unveiled a fresh round of what he said would be crippling sanctions on Russia after its invasion of Ukraine, declaring that Vladimir Putin chose this war" and that he and his country would bear the consequences.
The harsh new sanctions target Russia's largest banks and companies, effectively cutting them off from western financial markets, while imposing restrictions on the exports of advanced technology used to power the country's military and tech sector.
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