After Russia decided to attack Ukraine, it was a question of what sanctions the US would impose. The speech of US President Biden, who was expected to make a statement at 20.30, was postponed to 21.30. Ahead of Biden’s speech announcing the sanctions, “G7 leaders agreed on tough and devastating sanctions packages against Russia.” used the phrases.
SANCTIONS TO BE APPLIED
US President Joe Biden, in his address to the nation, stated that with the sanctions to be made, Russia’s being a part of the global economy will be restricted and it will be prevented from trading in euro, pound and yen.
US President Biden started his speech by reminding that the US and US intelligence had said for weeks that Russia would launch an attack on Ukraine. “We’ve been warning for weeks that this is going to happen, and now it’s progressing largely as we predicted. Putin is aggressive. Putin chose this war and now he and his country will suffer the consequences. Today I’ve allowed additional sanctions and new restrictions. This is going to help the Russian economy both quickly and quickly,” Biden said. “Over time, it will incur serious costs. We designed these sanctions to maximize the long-term impact on Russia. I have spoken to and agreed with the leaders of the G7. We will prevent Russia from trading in dollars, euros, pounds and yen.”
SANCTIONS ON FOUR RUSSIAN BANKS
Biden stated that sanctions will be imposed on the four big Russian banks with a total assets of $ 1 trillion and those close to the Kremlin, “We will impose sanctions on the four big banks in Russia. These banks have assets of $ 1 trillion. Every asset they hold in America will be frozen. “As we promised, we are adding the names of the Russian elite and family members to the sanctions list. These are people who personally profit from Kremlin policies and they need to share the pain,” he said.
“THIS ATTACK CANNOT REMAIN ANSWER”
Emphasizing that the American people will also suffer from these sanctions, Biden said, “I know it will be difficult. I will do everything in my power to limit the suffering that the American people will endure. This is a critical time. This aggression could not go unanswered. If it had remained, the consequences would have been much worse for America. America.” He stands up to tyrants. We stand for freedom. That’s who we are,” he said. On the other hand, Biden also answered journalists’ questions and said, “I have no plans to meet with Putin.”