The US president announced a “total lockdown” on two large Russian financial institutions, “comprehensive sanctions” on the country’s debt and on oligarchs close to the Kremlin| Photo: EFE/EPA/SHAWN THEW
The President of the United States, Joe Biden, announced this Tuesday (214 ) the imposition of the first round of economic sanctions against Russia, with the aim of isolating Moscow from the Western financial system.
“This is the beginning of an invasion of Ukraine (…). So I will start imposing sanctions in response,” Biden said in a speech at the White House.
The sanctions are a response to Russia’s recognition of the independence of the breakaway republics of Donetsk and Lugansk, in eastern Ukraine, and the deployment of Russian troops to the Donbass region.