Ukraine Live Updates: US President Joe Biden announces sanctions on Russia
New Delhi:
US President Joe Biden on Tuesday announced tough new sanctions on Russia for “beginning” an invasion of Ukraine but said there was still time to avoid war, even as Vladimir Putin signaled plans to send troops beyond Russia’s borders.
Russia’s upper house, the Federation Council, gave Putin unanimous approval to deploy “peacekeepers” to two breakaway Ukrainian regions now recognized by Moscow as independent, and potentially into other parts of Ukraine.
Biden announced what he called the “first tranche” of sanctions, including steps to starve Russia of financing and target financial institutions and the country’s “elites.”
But he left the door open to a final effort at diplomacy to avert a full-scale Russian invasion.
“There’s no question that Russia is the aggressor, so we’re clear eyed about the challenges we’re facing,” the president said.
“Nonetheless, there is still time to avert the worst case scenario that will bring untold suffering to millions of people.”