Sanctions on Russia by President Joe Biden

SOURCE www.politico.com
President Joe Biden announced over 500 new sanctions on Russia and its war machine following the death of opposition leader Alexei Navalny in a Siberian prison. The sanctions aim to further punish Russian President Vladimir Putin and come one day before the second anniversary of Putin’s invasion of Ukraine.

Key Points

  • Sanctions imposed on Russia and its war machine
  • Focus on punishing Putin for aggression abroad and repression at home
  • Additional sanctions specifically in response to Navalny's death
  • Efforts to strengthen Ukraine's defense

Pros

  • Punishment of Russian President Vladimir Putin
  • Support for Ukraine's defense
  • Targeting those involved in Navalny's death

Cons

  • Potential impact on global economy
  • Escalation of tensions between US and Russia
  • Difficulty in completely isolating Russia financially