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US Sanctions on Russia; All Russian assets in America to be Frozen

US Sanctions on Russia; All Russian assets in America to be Frozen
US Sanctions on Russia; All Russian assets in America to be Frozen
  • US President Joe Biden unveiled new sanctions on Russia meant to punish the country for its invasion of Ukraine.
  • The US President laid out a set of sanctions including export controls that will impose a severe cost on the Russian economy. He said, all Russian assets in America will be frozen.
  • The new sanctions also include four Russian banks and corrupt billionaires and their families who are close to the Kremlin.
  • He also announced a new deployment of ground and air forces to NATO's eastern flank, even as he reiterated US troops would not engage in direct conflict in Ukraine.
  • US forces are not going to Europe to fight in Ukraine but defend their NATO allies and reassure those allies in the east.
Published date : 25 Feb 2022 05:29PM

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