The Biden administration, G7 and European Union have announced severe and immediate economic sanctions on Russian President Vladimir Putin for his invasion of Ukraine. The following actions include full blocking sanctions on Russia’s largest financial institution, Sberbank, and largest private bank, Alfa Bank. Sanctions were also levied on Putin’s children, Foreign Minister Sergeĭ Viktorovich Lavrov’s wife and daughter and members of Russia’s Secretary Council. US President Joe Biden is also expected to sign a new Executive Order that will include a “prohibition on new investment in Russia by US persons wherever located,” further isolating Russia from the global economy. Content warning: This timeline includes live-updating Tweets which may consist of sensitive images from this developing news story.
Source: Twitter
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