What did Biden say?published at 20:49 Greenwich Mean Time 24 February 2022
Earlier this evening we heard from US President Joe Biden. Here's a summary of what he said:
- The Russian invasion is happening exactly how US officials predicted
- Russia staged false-flag operations that resulted in a "flagrant" violation of international law
- President Putin moved 175,000 troops and military equipment to Ukraine's borders and brought blood supplies and built field hospitals
- Putin wanted to re-establish the former Soviet Union and his actions leave him as a pariah on the international stage
- The US would defend "every inch" of Nato territory, but no American troops would be deployed to Ukraine
Biden also announced sanctions to "maximise a long-term impact on Russia". In summary:
- Biden said he agreed with the G7 leaders from the world's largest economies that they will collectively limit Russia's ability to do business in dollars, euros, pounds and yen
- Russia's second largest lender VTB is among four Russian banks that will be sanctioned
- The US and allies will cut off more than half of Russia's high-tech imports which will stop them from being able to modernise their military, build ships and aircraft and advance in aerospace
- Cutting Russia off from the global Swift banking system is not being proposed "right now"