President Joe Biden speaks about his meeting with Alexei Navalny's widow Yulia Navalnaya and daughter Dasha, in San Francisco, Feb. 22, 2024. The U.S. government is hitting Russia with the largest tranche of financial penalties imposed on Moscow since its 2022 invasion of Ukraine. They target roughly 600 people and firms from Russia to China to the United Arab Emirates. The sanctions are timed to the second anniversary of the invasion, and in response to the death of Navalny. (AP Photo/Manuel Balce Ceneta)
Revelation 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.
Important Takeaways:
- Biden announces 500 sanctions against Russia as payback for war, Navalny
- Biden said the sanctions are payback for Mr. Navalny’s death in an Arctic prison and designed to coincide with the second anniversary of Mr. Putin’s decision to invade Ukraine.
- “These sanctions will target individuals connected to Navalny’s imprisonment as well as Russia’s financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents,” Mr. Biden said. “They will ensure Putin pays an even steeper price for his aggression abroad and repression at home.”
- Biden also said he is imposing 100 export restrictions on entities that are providing “backdoor” support for Russia’s war effort.
- The U.S. and Western nations have imposed crippling sanctions on Russia over its war on Ukraine, only to see Moscow find end-runs around the restrictions or new global partners to keep its economy afloat.
- The president scolded the Republican-led House for failing to take up a Senate-passed supplemental bill that includes $60 billion in aid for Ukraine.
- The U.S. has provided more than $75 billion already. Some lawmakers say there is no clear plan for a Ukrainian victory so it doesn’t make sense to throw more American treasure at the effort or to help more Ukrainian soldiers to die in what is a never-ending stalemate.
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