Biden imposes harsh new sanctions on Russia

US President Joe Biden has unveiled harsh new sanctions on Russia after it launched “a special military operation” in Ukraine’s breakaway Donbass region.

Early on Thursday, Russian President Vladimir Putin ordered the operation to “defend people who for eight years are suffering persecution and genocide by the Kiev regime.”

Speaking to reporters at the White House later in the day, Biden said the sanctions were meant to have a long-term impact on Russia and to minimize the impact on the US and its allies. 

"Putin chose this war. And now he and his country will bear the consequences,” he said, laying out a set of measures that will "impose severe cost on the Russian economy, both immediately and over time."

Biden said the sanctions, which include export blocks on technology, would limit Russia's ability to do business in dollars, euros, pounds and yen.

The US president also applied sanctions on Russian banks and "billionaires" and their families who are close to the Kremlin.

He also imposed sanctions on individuals in Belarus, including the country's defense minister, for what he said was the country's role in facilitating the Russian attack.

Additionally, Biden announced a new deployment of ground and air forces to NATO's eastern flank, though he said, "our forces are not and will not be engaged in the conflict."

"Our forces are not going to Europe to fight in Ukraine but defend our NATO allies and reassure those allies in the east."

The US president also said he had authorized troops that had been placed on standby to be deployed to Germany.

SS