President Joe Biden announced new sanctions on Russia on Thursday after President Vladimir Putin launched a full-scale invasion of Ukraine.
The sanctions target Russia’s financial system, its technology sector, and its oligarchs.
Biden said the sanctions were “designed to cripple Russia’s economy” and “degrade its military capabilities.”
He also said the United States would provide more military aid to Ukraine.
“This is a premeditated attack,” Biden said. “Putin has been planning this attack for months.”
The United States and its allies have been warning for weeks that Russia was planning an invasion of Ukraine.
Russia has denied any plans to invade Ukraine, but it has amassed tens of thousands of troops on the country’s border.
The sanctions are likely to have a significant impact on the Russian economy. They are also likely to lead to further tensions between the United States and Russia.
The United States and its allies have also condemned the invasion of Ukraine and called for Russia to withdraw its troops.
