The U.S. and its European allies on Tuesday declared a variety of sanctions from Russia for what President Biden named “the commencing of a Russian invasion of Ukraine,” steps that integrated blacklisting two major banking institutions and halting the Nord Stream 2 purely natural gas pipeline.
The coordinated U.S. and European steps slide brief of the bundle of sanctions threatened by the administration if Moscow launched a whole-scale invasion of Ukraine, but taken with each other, the actions are supposed to limit Russia’s access to the world economic technique.
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