The United States decided against the sovereign debt of Russia and the Russian elite
US President Joe Biden, at a briefing in Washington dedicated to Ukraine, said that the Australian Conference was holding a court session against the sovereign debt of the Russian Federation.
Also under American law Promsvyazbankservicing Russian military-industrial complexes, as well as the state investment bank VEBfinancing economic development projects.
VEB is already under stronger sectoral sanctions. However, VEB’s subsidiaries, including the football club, are now under arrest. CSKA, 77.6% of which is owned by VEB. For a complete list of these companies, see US Treasury website.
Bloomberg, citing an unnamed official, reports that organizations such as Sberbank and VTB are going under arrest. “No financial institution in Russia will be safe if the invasion is embraced,” the agency’s source said.
In addition, Biden said that representatives of the Russian Federation who fall under personal control bodies will appear in the near future.
“From Wednesday, the President, we will begin to impose a verdict against the Russian elites and their relatives,” the US added.
In the wording of the sanctions list already published by the Ministry of Finance, the son of the director of the Federal Security Service and the deputy president of VTB Bank Denis Bortnikovson of former SVR and chairman of Promsvyazbank Petr Fradkovas well as the first deputy head of the presidential administration and CEO of VKontakte Vladimir Kirienko.
The first American to turn against Russia in early 2014, Biden said.
“I’m going to start by guiding the return election, which significantly impacts the steps we and our partners took in 2014, and if Russia continues the second, we’re ready to go further with sanctions,” Biden said.
The US president also said that Washington would be closely monitored with Berlin so that Nord Stream 2 would not start working.
“Strange Beginning”
Speaking as president at the White House, Biden said that Putin “strangely” recognized the independence of two regions that believe they are leaders no longer on the shores of Ukraine.
“What gives (Putin) the right to declare so-called territories belonging to a neighbor?” – defined Joe Biden, who called this step a flagrant violation of international rights.
According to the American president, Putin is ready to use a pretext to go further and seize Ukrainian territories.
“This is the beginning of the Russian invasion of Ukraine,” Biden said.
“No interest in dialogue”
According to Biden, Putin is encroaching on Ukraine’s very right to influence and shows no interest in a real dialogue on European security issues.
The American leader paid great attention to the transfer of large military contingents in the allied countries of Eastern Europe. According to the statement, such forces and benefits are already in Europe and will be sent to the Baltic countries.
“I want to emphasize that from our side these are defensive troops,” he said, “and we do not intend to fight with Russia.”
Russia will pay even higher valuation, including tougher commitment, if it sticks to its aggression, Biden said.
At the same time, he confirmed that he was aware of the negative impact of anti-Russian laws on American business, and promised that the White House would sharply have a significant impact on the American economy, protecting the interests of American companies.