Beautiful Virgin Islands

Monday, Jul 14, 2025

Joe Biden unveils Russia sanctions as Putin sets rationale for further invasion

Joe Biden unveils Russia sanctions as Putin sets rationale for further invasion

President Joe Biden on Tuesday afternoon unveiled the ‘first tranche’ of sanctions on Russia after acknowledging that Russian President Vladimir Putin started an invasion of Ukraine and has laid the foundation to go further.


‘He’s setting up a rationale to go much further. This is the beginning of a Russian invasion of Ukraine,’ Biden said of Putin.

‘Russia has now undeniably moved against Ukraine. Today, I’m announcing the first tranche of sanctions to impose costs on Russia.’

Speaking from the White House, Biden said the US is imposing ‘full blocking’ of two large Russian financial institutions.

‘That means we’ve cut off Russia’s government from Western finance,’ he said. ‘It can no longer raise money from the West and cannot trade in its new debt on our markets or European markets either.’

Biden also revealed ‘comprehensive sanctions’ on Russian debt and the nation’s elites and their family members.

‘They share in the corrupt games of the Kremlin policies and should share in the pain as well,’ Biden said of the family members.

Biden warned that the US is prepared to step up sanctions against Putin.

‘We’ll continue to escalate sanctions if Russia escalates,’ Biden said.

The US has joined its European allies in punishing measures against Russia. Germany on Tuesday said it will halt certification of the Nord Stream 2 gas pipeline connecting it with Russia. The UK declared it would sanction Russian Parliament members who voted to recognize the independence of Donetsk and Luhansk, two pro-Russia separatist regions of Ukraine.

‘This is the first tranche, the first barrage of what we are prepared to do,’ British Prime Minister Boris Johnson told the Parliament on Tuesday.

Biden acknowledged that the new sanctions could lead to higher gas prices for Americans and vowed to work to limit the impact at home.

‘Defending freedom will have costs for us as well and here at home,’ he said. ‘We need to be honest about that.’

Biden spoke hours after US principal deputy national security adviser Jon Finer officially referred to Russia’s troops deployment as an ‘invasion’ of Ukraine.

‘We think this is, yes, the beginning of an invasion, Russia’s latest invasion into Ukraine,’ Finer said on CNN’s New Day show. ‘An invasion is an invasion and that is what is underway.’

Finer added that sanctions the White House announced on the two breakaway regions were just the ‘beginning’ of the US’s response. They were issued on Monday after Putin in a fiery speech recognized the so-called Donetsk and Luhansk People’s Republics.

Two European officials on Tuesday said that Russia had ordered troops into Ukraine, but Russia’s Foreign Ministry denied doing so. While there was no clear sign of a huge Russian military escalation in eastern Ukraine, many Ukrainians fled the separatist regions by bus.

Ukrainian President Volodymyr Zelensky urged his country to ‘keep a cool head’ and insisted he would not yield territory to Russia.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
U.S. Resumes Deportations to Third Countries After Supreme Court Ruling
Excavation Begins at Site of Mass Grave for Children at Former Irish Institution
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Defends Attorney General Pam Bondi Amid Epstein Memo Backlash
Renault Shares Drop as CEO Luca de Meo Announces Departure Amid Reports of Move to Kering
Senior Aides for King Charles and Prince Harry Hold Secret Peace Summit
Anti‑Semitism ‘Normalised’ in Middle‑Class Britain, Says Commission Co‑Chair
King Charles Meets David Beckham at Chelsea Flower Show
If the Department is Really About Justice: Ghislaine Maxwell Should Be Freed Now
NYC Candidate Zohran Mamdani’s ‘Antifada’ Remarks Spark National Debate on Political Language and Economic Policy
President Trump Visits Flood-Ravaged Texas, Praises Community Strength and First Responders
From Mystery to Meltdown, Crisis Within the Trump Administration: Epstein Files Ignite A Deepening Rift at the Highest Levels of Government Reveals Chaos, Leaks, and Growing MAGA Backlash
Trump Slams Putin Over War Death Toll, Teases Major Russia Announcement
Reparations argument crushed
Rainmaker CEO Says Cloud Seeding Paused Before Deadly Texas Floods
A 92-year-old woman, who felt she doesn't belong in a nursing home, escaped the death-camp by climbing a gate nearly 8 ft tall
French Journalist Acquitted in Controversial Case Involving Brigitte Macron
Elon Musk’s xAI Targets $200 Billion Valuation in New Fundraising Round
Kraft Heinz Considers Splitting Off Grocery Division Amid Strategic Review
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
EU Proposes New Tax on Large Companies to Boost Budget
Trump Imposes 35% Tariffs on Canadian Imports Amid Trade Tensions
Junior Doctors in the UK Prepare for Five-Day Strike Over Pay Disputes
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
Bitcoin Reaches New Milestone of $116,000
Biden’s Doctor Pleads the Fifth to Avoid Self-Incrimination on President’s Medical Fitness
Grok Chatbot Faces International Backlash for Antisemitic Content
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
×