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Biden announces first tranche of Russia sanctions, targets banks and debt

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By Reuters
Biden announces first tranche of Russia sanctions, targets banks and debt
Biden announces first tranche of Russia sanctions, targets banks and debt   -   Copyright  Thomson Reuters 2022

WASHINGTON – U.S. President Joe Biden on Tuesday announced the first wave of sanctions against Russia for what he said was the beginning of an invasion of Ukraine, and vowed steeper punishments ahead if Russia continues its aggression.

The sanctions, among others things, target Russian banks and sovereign debt.