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The US President has been warning of a massive attack by Russia on Ukraine for days. In view of the recent escalation by Moscow, he feels confirmed in this – and announces sanctions once morest Russia.
In view of the escalation of Russian action once morest Ukraine, US President Joe Biden announced financial sanctions once morest Moscow in a TV address on February 22, 2022.
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US President Joe Biden announced financial sanctions once morest Moscow on Tuesday.
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He also announced further arms deliveries to Ukraine and a transfer of US troops within Europe to the Baltic States.
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There’s still time for Biden to avoid the worst-case scenario.
After the recent escalation in the Ukraine crisis, US President Joe Biden continues to expect a large-scale attack by Russia on the neighboring country. “We continue to believe that Russia is ready to go significantly further and launch a massive military strike once morest Ukraine,” Biden said at the White House in Washington on Tuesday.
He described Moscow’s recognition of the so-called Luhansk and Donetsk People’s Republics and the planned deployment of Russian troops in the eastern Ukrainian regions as “the beginning of an invasion” of Ukraine. Russian President Vladimir Putin provides “a justification for the violent capture of other areas”. Biden made in one television speech three important announcements:
1. Ban on trading in Russian government bonds
The punitive measures will therefore be directed once morest two large banks, once morest the trade in Russian government bonds and once morest supporters of Putin and their families. Biden stressed that the US is ready to take even tougher steps if Russia continues to press ahead with its crackdown on Ukraine.
The sanctions, which are intended to ban US banks from trading in Russian government bonds in the future, would cut off Moscow’s access to western capital markets, stressed Biden. The US government had already banned US financial institutions from trading in government bonds on the primary market last year, but not on the important secondary market.
2. Military aid to Ukraine
Biden announced additional arms deliveries to Ukraine and troop deployments. “The United States will continue to provide defense assistance to Ukraine in the meantime, and we will continue to strengthen our NATO allies,” he said. He approved additional deployments of US forces and equipment already in Europe.
3. Deployment of troops to protect the Baltic States
The USA also wants to move US troops within Europe to the Baltic States. Russia’s actions once morest Ukraine are an invasion, Biden said.
Still open to a diplomatic solution
Despite the escalation, Biden remained open to a diplomatic solution. “When all is said and done, we will judge Russia by its actions and not by its words,” he said. “The United States and our allies and partners remain open to diplomacy. If she’s serious.” At the same time, Biden emphasized the cohesion of the West in the conflict: “We agree in our support for Ukraine. We are united in our opposition to Russian aggression and we are united in our determination to defend our NATO alliance.”
Biden did not say whether he was still willing to meet Putin in person. He agreed to such a possible meeting over the weekend on the condition that Russia would not invade Ukraine beforehand.
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(DPA / AFP / kle)