The Biden administration on Thursday announced fresh sanctions on Russia and $1 billion in new humanitarian aid for Ukraine.
According to the White House, the new “full blocking sanctions” target 400 “individuals and entities comprised of Russian elites.” The sanctions also hit all 328 members of Russia’s lower parliament, known as the State Duma, and 48 Russian-state-owned military contractors that produce weapons used by Russia’s military.
The White House said the sanctions were imposed in coordination with the EU and the G7 and were announced while President Biden was in Brussels. Since the invasion started, the US and its allies have imposed a series of harsh sanctions aimed at decimating the Russian economy, which hurts ordinary Russians.
In its statement on the sanctions, the White House boasted of the damage the sanctions have done to Russia’s economy. “The economy is forecast to contract as much as 15 percent or more in 2022. This economic collapse of Russia’s GDP will wipe out the past 15 years of economic gains in Russia, according to the Institute for International Finance,” the White House said.
Concerning the new humanitarian aid, the White House said the $1 billion will go towards helping “those affected by Russia’s war in Ukraine and its severe impacts around the world.” On top of the $1 billion, the US announced an additional $320 million to promote “democracy and human rights” in Ukraine and neighboring countries.
The Biden administration also said that the US will be accepting 100,000 Ukrainian refugees. According to the UN, over 3.6 million people have fled Ukraine since Russia invaded on February 24.
Propaganda meant for Euro-American media outlets really does work. I have friends who actually do not know that the US trains and arms Nazi soldiers in Ukraine. They think Russians are beasts who attack schools, hospitals and retirement homes out of the blue and for no reason. Many of my friends do not know that Nazis are armed and trained by working US taxpayers who are squeezed by austerity and punished if they object in privatized prisons.
Same here. MSM has them by the brain.
Cowards. Declare war and fight Russia directly instead of trying to fight them down to the last ukranian. That’ll be the honest thing to do.
This is an existential war that have united 145 million Russians against nazism which is their mortal enemy. The straw was that the same western racism and xenophobic hate showed its ugly face again. west did the same in WW2
Meanwhile, Russia has essentially bombed the US dollar by requiring “unfriendly countries” to buy oil and gas in rubles. This has strengthened the ruble enormously. Meanwhile, Saudi Arabia will sell oil to China denominated in yuan. The Petrodollar is being destroyed which will destroy the US dollar. The US has shot itself, not in the foot, but the head.
The Russian economy will pick up when Germany and other European fat cats start buying energy with rubles.