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US President Joe Biden and British PM Boris Johnson have announced more sanctions on Russia. Joe Biden has threatened Russia, saying it will pay a serious price for an attack on Ukraine. At the same time, while addressing the Parliament, the British PM said, Putin has painted his hands with the blood of innocent people of Ukraine, these stains will never be cleaned.
US President Joe Biden said in the White House address – there is no intention of talking to Vladimir Putin. The President of Russia has chosen war and now he will bear the consequences. Together we G-7 countries will respond to Russia. Sanctions will be imposed on 4 more banks of Russia including VTB. All the assets of these banks have been frozen. With this, more than half of Russia’s high-tech imports will be banned.
Joe Biden described the Russian first as a pre-planned attack and said – our support to all the countries of NATO will continue. This is a time of crisis for all of us. Putin wants to revive the Soviet Union, but his ambition is in stark contrast to the current situation. However, Biden has made it clear that NATO forces will not go to Ukraine.
Biden said now Russia’s financial system will no longer be able to trade in dollars, euros, pounds, or yen as before. His military system will also suffer. About $1 trillion in assets of Russian banks are now being held. Biden also said that we will discuss the Ukraine crisis with India.
British Prime Minister Boris Johnson addressed parliament late Thursday night on the issue of the Russia-Ukraine war. Johnson took a dig at Putin and said – he has started a war to hide domestic failure. Putin has painted his hands with the blood of innocent people of Ukraine, these stains will never be cleaned. We have removed all Russian banks from our financial system. Now Russia will know the outcome of the attack.
The British government will introduce rules to freeze the assets of all major Russian banks and lock them out of London’s financial markets. Along with this, immediate action will be taken against the Russian bank VTB.
Johnson said the new sanctions would apply to 100 companies, institutions, and the elite class. The assets of five individuals in Britain will be confiscated and deported, including President Putin’s former son-in-law Kirill Shamalov; Also PAB Bank President and Chief Executive Officer Petr Fradkov; and VTB Bank Vice President Denis Bortnikov.
