Russian President Vladimir Putin shall be going through long-term penalties if Russia conducts a full scale invasion of Ukraine. Secretary of State Antony Blinken acknowledged Wednesday.
"Now we have made it clear that Russia will proceed to escalate and if it engages with a full-scale invading of Ukraine past what it's already doing, it can escalate as nicely. That information would possibly nonetheless be a deterrent, I hope. We have made it clear that Russia shall be going through extreme penalties for its actions if it doesn’t. It can," Blinken mentioned to Norah O'Donnell, anchor of CBS Night Information and managing editor.
He mentioned, "That is the worth Vladimir Putin and Russia must pay for a very long time."
As Russia intensified its aggression in the direction of Ukraine, President Biden issued financial sanctions towards two Russian monetary establishments and a number of other Russian Oligarchs. Biden acknowledged that the sanctions weren't the "first tranche" of sanctions and that the U.S. was able to go additional.
Mr. Biden acknowledged Wednesday that his administration was additionally imposing penalties on the corporate behind Nord Stream 2's gasoline pipeline. This was a day after it was stopped by Germany. The pipeline would have transported pure gasoline from Russia to Germany.
Different U.S. allies like the UK or the European Union additionally introduced sanctions towards Russia earlier within the week.
"It is one thing that we have been working in the direction of for months. Blinken defined to O'Donnell that Russia shall be unable to lift funds across the globe to finance its initiatives attributable to extra sanctions. "If this occurs, the unprecedented sanctions we've got on the desk could have a severe influence."
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