Biden announces new Russia sanctions

U.S. President Joe Biden announced new sanctions following Russia’s full-scale invasion of Ukraine.

The second tranche of sanctions targets more of Russia’s banks, state-owned companies, and the country’s ability to do business in other currencies, including the dollar, euro, pound, and yen.

“This is a premeditated attack,” Biden told reporters. “Putin is the aggressor. Putin chose this war. And now he and his country will bear the consequences.”
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