Biden to tell Putin he'll face toughest sanctions yet if he invades Ukraine

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WASHINGTON/MOSCOW: United States President Joe Biden will tell Russian President Vladimir Putin in a video conference later on Tuesday (Dec 7) that Russia and its banks could be hit with the toughest economic sanc

later on Tuesday that Russia and its banks could be hit with the toughest economic sanctions yet if it invades Ukraine, US officials said.

It has likewise queried Ukrainian intentions, and said that it wants guarantees that Kiev will not use force to try to retake territory lost in 2014 to Russia-backed separatists, a scenario Ukraine has ruled out. The Russian rouble weakened slightly on Tuesday, with some market analysts predicting that the talks would de-escalate tensions and others saying that the US sanctions threat eroded hopes of finding common ground.

They called on Russia to de-escalate tensions and return to diplomacy, and said that their teams would stay in close touch, including in consultation with NATO allies and European Union partners, on a"coordinated and comprehensive approach", the White House said. On Tuesday, German Gref, the chief executive of Russia's top bank Sberbank, called that idea"nonsense" and"impossible to execute".

 

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