The Biden administration has a range of sanctions to make good on its pledge to hit Russia financially if President Vladimir Putin invades Ukraine. The West has also helped strengthen Ukraine's military, as an added deterrent.
The United States and European allies have made no public mention of any plans to respond militarily themselves
The sanctions now imposed on Russians include asset freezes, bans on doing business with U.S. companies and denial of entry to the United States. But in seeking to punish Russia, the West over the years has weighed even bigger financial penalties. When the U.S. successfully pressured SWIFT to disconnect Iranian banks over Iran’s nuclear program, the country lost almost half of its oil export revenue and a third of its foreign trade, said Maria Shagina, an expert on sanctions and energy politics affiliated with the Carnegie Moscow Center think tank.
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Biden says he is crafting a plan for Russia-Ukraine crisisU.S. President Joe Biden said on Friday he is developing comprehensive initiatives to make it difficult for Russian President Vladimir Putin to invade Ukraine and that he would not accept Moscow's 'red lines,' as fears mounted that the simmering conflict could erupt into war.
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Why Ukraine matters to Russia so muchFor Vladimir Putin, Ukraine is a totally different ball game compared to Baltic states or Central Asian nations. Ukraine shares close historic, cultural and geopolitical links to Moscow
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As warnings fly between U.S. and Russia, how real is the threat of war in Ukraine?So far, tensions between Washington and Moscow over Ukraine have been restricted to a war of words, but could it flare into something more dangerous? LauraKingLAT reports:
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