President Biden slams Russian with sanctions
Every asset they have in America will be frozen – President Biden announces sanctions on Russian banks that hold one trillion dollars in assets
US President Joe Biden has announced strong sanctions on Russian banks with assets in the US as well as placed limitations on what can be exported to Russia as he condemned Russia for launching the military strike on Ukriane.
Speaking from the White House on Thursday, Biden said: “This is going to impose severe cost on the Russian economy, both immediately and over time. We have purposefully thought it out