Russia’s special envoy to the US says sanctions will hurt global markets and “ordinary Americans”

chairperson Joe Biden described events currently unfolding in Ukraine as “the beginning of a Russian invasion” as he announced tough new sanctions against punish Moscow on Tuesday.

He launched what he called the “first wave” of US sanctions against Russia for its moves, including by two major financial institutions, Russia’s sovereign debt and elites. Russian flowers and their family members. He said the moves would “cut off the Russian government from Western financing”.

Biden also vowed to deploy more troops and equipment to “strengthen” US allies in the Baltic states on NATO’s eastern flank, but made it clear that they would not be there “to fight back.” back to Russia”.

The president raised the possibility that diplomacy could still defuse the crisis, and said the US would remain open to talking with Russia and its partners to prevent all-out war. “The United States and our allies and partners remain open about diplomacy, if that is serious,” he said. “When all is said and done, we will judge Russia by actions, not words.”

However, Biden has made it clear that Putin is launching an effort to fundamentally redraw Europe’s borders, violate international law, and put pressure on the West to respond. .

“Who does Mr. Putin think in the name of God gave him the right to claim new states on the territory of his neighbours? This is a clear violation of international law and a requirement of the international community. tough response,” Biden said.

Mr. Biden said Mr. Putin’s comment a day earlier was “establishing a rationale for taking more territory by force, in my view.”

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