President Joe Biden on Tuesday unveiled a barrage of tough new sanctions against Russia, “cutting off Russia’s government from Western finance” over its “invasion” of Ukraine.
The sanctions on Russian interest include two large financial institutions, Russian sovereign debt and Russian elites and their family members who aid Putin’s aggression on a neighboring country.
President Biden also announced he was “moving additional troops and equipment to “strengthen” US allies in the Baltic nations on NATO’s eastern flank,” according to CNN.
While making it clear that diplomacy could still defuse the crisis, the President said the US and its allies will “judge Russia by its actions, not its words.”
Biden also slammed Putin’s attempt to fundamentally redraw borders in Europe, violating international laws and putting pressure on the West to respond.
“Who in the Lord’s name does Putin think gives him the right to declare new so-called countries on territory that belonged to his neighbors? This is a flagrant violation of international law and demands a firm response from the international community,” Biden said.
CNN noted that “the steps Biden announced Tuesday did not amount to the full scope of that response” and that the president is reserving some of his toughest measures and will use them should Russian forever launch an attack on Ukraine.