Joe Biden announces sanctions against Russia

US PRESIDENT

Joe Biden announced the U.S. was ordering heavy financial sanctions against Russian banks and oligarchs

Declaring that Moscow had flagrantly violated international law by invading Ukraine

Biden said, "We're imposing sanctions on 2 Russian financial institutions

Russia can no longer raise money from the West or no longer trade in Western markets.

The US's announcement of sanctions comes after       Germany and Britain        moved sanctions on Russia.

Biden said more sanctions could be on the way if Putin proceeds further.

Biden said he was also moving additional U.S. troops to the Baltic states on Nato's eastern flank bordering Russia.

German Chancellor Olaf Scholz suspended the certification process for..

the Nord Stream 2 natural gas pipeline, which directly links Russian gas to Europe via Germany.

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