Russia can no longer raise money from the West, Biden says

US President Joe Biden

© APA | US President Joe Biden

# 23 February 2022 00:25 (UTC +04:00)

US President Joe Biden says he's announcing the first tranche of sanctions against Russia, APA reports citing BBC.

He announces sanctions on sovereign debt.

Biden says that means cutting off the Russian government from Western finances.

"It can no longer raise money from the West," Biden says.

He says the US will continue to "escalate sanctions" if Russia continues to escalate its actions in Ukraine.

#
#

THE OPERATION IS BEING PERFORMED