US imposing 'swift and severe costs' on Russia following Putin's Ukraine annexation | CNN Politics

The US is imposing what it describes as “swift and severe costs” on Russia, including sanctions on a figure the Biden administration says is key to Russia’s economy, after President Vladimir Putin announced the annexation of regions of Ukraine following what the West casts as “sham referenda.

Putin has spent years building up his defenses, amassing hundreds of billions in foreign currency reserves, bringing much of Russia’s industrial base under state control and selling Russia’s vast energy resources to the world. US officials grudgingly acknowledge that Nabiullina has done an effective job managing Russia through this initial phase of the sanctions, just as she did in 2014 after Putin’s Crimea annexation triggered a much less severe round of sanctions from the West.

Are these the same swift and severe costs we've levied since the begining?

阅

The sanctions that litterly do nothing at all? Congrats.

All of these sanctions against Russia tells us how much legitimate business still exist between US and their ‘sworn enemy’…humm…very interesting!

Even though Putin's army's been shaken Four parts of Ukraine have been 'taken' They've all been 'annexed' In a 'vote', so what's next? How will Vladimir save his old bacon?

The annexation will be as successful and effective as the invasion has been.

And let me guess, all they do is hurt regular people on both sides.

GMoneyBlinks I see US been careful with Russia 🇷🇺 as compared to Middle East and Africa. Is it because of Russian Nuks (Nuclear power) ?

US is imposing 'swift and severe cost' on Russia since 2014. The cost however is being paid by US and Europe as high food/ oil/ gas inflation and recession. High time Europe stops towing US line blindly.

Today is great day for freedom. Enjoy!!! 🎆🎇🎉

The US should also report this news to her people that the are the main reason whythe world is void of peace

O yes. And bet just to be mean, Biden will buy more oil from Putin.

Lol..

Poor Biden and others just keep on going around in circles 🙈🙈🙈😂😂😂😂😂😂🤟✌️ The Biden administration is the worse ever for the USA and the world 🤟

Republicans: 'STOP THE STEAL!' Democrats: 'What a Bunch of Uncultured Troglodytes...' Russia: 'We're gonna hold a Referendum on the Annexation of--' Democrats: 'STOP THE STEAL!'

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