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Feb 23, 2022 06:40 AM
WORLD

Biden Ups Russia Sanctions, Calls Ukraine Invasion Underway

Biden said he’s imposing “comprehensive” sanctions on new issuances of sovereign debt
Biden said he’s imposing “comprehensive” sanctions on new issuances of sovereign debt

(Bloomberg) — U.S. President Joe Biden unveiled sanctions targeting Russia’s sale of sovereign debt abroad and the country’s elites, responding to what he described as the start of Vladimir Putin’s invasion of neighboring Ukraine.

“He’s setting up a rationale to take more territory by force,” Biden said Tuesday at the White House. “This is the beginning of a Russian invasion of Ukraine.”

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