Last-minute sanctions on Russia to help Ukraine, says Biden
Joe Biden said Friday. Ten days before passing on the baton to Donald Trump, the Biden Administration on Friday slapped sanctions on scores of companies and entities that were helping Russia in its export of energy, in particular gas. Two of those companies were from India.
«The sanctions are imposed today because they will have a profound effect on the growth of the Russian economy and make it more difficult for Putin to conduct his wars.
»It is probable that gas prices could increase as much as USD 0.03 to USD 0.04 a gallon, but that's going to have a more profound impact on Russia's ability to continue to act in the way it's acting in the conduct of war," Biden said in response to a question.
«I already decided that Putin's in tough shape right now. I think it's really important that he does not have any breathing room to continue to do the God-awful things he's continuing to do. As I said, he's got his own problems economically, significant problems economically as well as politically at home,» Biden told reporters at a White House news conference.
«So I decided to do everything I possibly could within my power and authority to give Ukraine every advantage it could have to be able to sustain support for an independent Ukraine,» he said, explaining the reason for the last-minute sanctions against Russia.
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