President Joe Biden is expected to issue an executive order to block U.S. investments in the separatist areas of Ukraine as part of a sanctions package against Russia.
https://t.co/kVSfePmf0j Blocks all investments-makes sure the Big Guy gets 10%.
โ ol joe stalin (@ol_stalin) February 22, 2022
“We have anticipated a move like this from Russia and are ready to respond immediately. President Biden will soon issue an executive order that will prohibit new investment, trade, and financing by U.S. persons to, from, or in the so-called DNR and LNR regions of Ukraine,” White House press secretary Jen Psaki said in a statement, according to the Washington Examiner.
“This E.O. will also provide authority to impose sanctions on any person determined to operate in those areas of Ukraine. The Departments of State and Treasury will have additional details shortly. We will also soon announce additional measures related to today’s blatant violation of Russia’s international commitments,” she added.
Biden is not alone in his actions. The U.K. plans to join the U.S. in the new move.
President Biden is set to announce new sanctions against Russia over Russian interference in the 2020 election and the massive SolarWinds cyber-attack on U.S. companies and government agencies.@NancyCordes has more. pic.twitter.com/iumzuFu9nB
โ CBS Mornings (@CBSMornings) April 15, 2021
While the sanctions are not expected to slow Putin down, they will show a symbolic measure of protest against the Russian leader.
Sadly, the Ukrainian people are largely left on their own as they seek to remain free from Russian power.