Biden announces new, 'full blocking sanctions' against Russia

President Biden on Tuesday announced a fresh set of "full blocking sanctions" against Moscow, following Russian President Vladimir Putin's order late Monday evening to send troops into eastern Ukraine.

Included are measures targeting two large Russian financial institutions, the country's sale of sovereign debt abroad, and Russia's "elites and their family members," Bloomberg writes, quoting the president. In addition, Biden will move American forces in Europe to shore up Estonia, Latvia, and Lithuania.

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.