All the harsh sanctions the US and EU took on Russia

All the harsh sanctions the US and EU took on Russia

 US President Joe Biden delivered a speech on the situation in Ukraine, where he condemned Russia for launching the military attack Thursday and announced new strong sanctions and restrictions on what could be exported to Russia. This will impose serious costs on the Russian economy, both immediately and over [...]

This will impose serious costs on the Russian economy, both immediately and over time. We have deliberately designed these sanctions to maximize a long-term impact on Russia and to minimize influence over the United States and our allies,”, he said, writes Cann.

The United States is not doing this alone, he said, adding that 27 EU members and G7 members will participate in these sanctions.

Here are the sanctions he declared:

Limit Russia's ability to do business in dollars, euros, pounds and jen to be part of the global economy.
Stop the ability to finance and raise the Russian army.
Hurt their ability to compete in the 21st century high-tech economy.
The U.S. sanctioned Russian banks that together hold about $1 trillion active.
He added, “n is blocking four other major banks. That means every asset they have in America will rise. ”

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