President Biden announces sanctions on Russia after Putin moves on Ukraine

President Joe Biden ordered heavy U.S. financial sanctions against Russian banks and oligarchs on Tuesday, stepping up the West's confrontation with Moscow, even as Russian lawmakers authorized President Vladimir Putin to use military force outside their country. Biden, in a brief address from the White House, accused Putin of flagrantly violating international law in what he called the “beginning of a Russian invasion of Ukraine," and promised that more sanctions would be coming if Putin proceeds further. The president joined the 27 European Union members who unanimously agreed on Tuesday to levy their own initial set of sanctions targeting Russian officials over their actions in Ukraine. Germany also announced it was halting the process of certifying the Nord Stream 2 gas pipeline from Russia — a lucrative deal long sought by Moscow but criticized by the U.S. for increasing Europe’s reliance on Russian energy. MORE: https://bit.ly/3Igwikd ►Subscribe: https://on.wtsp.com/youtube ►Website: https://www.wtsp.com/ ►Facebook:   / 10tampabay   ►Twitter:   / 10tampabay