All sanctions US took against Russia

Sanctions include not only Russian banks, but Russia's sovereign debt.

Sanctions to be implemented against the bank The VIB and Promsvyazbank, which serves as the Russian Army bank and conducts transactions in the field of defence. By Wednesday, sanctions will also be initiated against the Russian elites and their families.

President Biden said such a blow to Russia's sovereign debt means that practically Russia will stop western financing.

None of us will be deceived by Russian President Vladimir Putin's claims for Ukraine, the president of the United States said, speaking from the White House. He said these are only the first “transfer of sanctions the United States and allied countries are prepared to decide whether Russia makes a broader attack on Ukraine.

“It is creating a rationality to get more territories by force”, President Biden said of Russian President Vladimir Putin's latest comments. “This is the beginning of a Russian attack on Ukraine”.

President Biden said he is also authorising the delocation of American forces to the Baltic countries on the eastern NATO side near the border with Russia, indicating solidarity in the face of Russian danger.

President Biden joins the 27 European Union member states, which agreed Tuesday to impose their first sanctions on Russian officials due to their actions towards Ukraine. / VOA/