Biden puts sanctions on Russian banks and elites as he says Ukraine invasion has begun .The United States has imposed a first-degree embargo on Russia today for launching an offensive in Ukraine, promising more sanctions.
Speaking to reporters at the White House, Biden said the United States would impose sanctions on Russia’s two largest financial institutions and on Russia’s sovereign debt. Administration officials say sanctions have also been imposed on Russian elites and their family members.
Russia announces two new independence country
President Vladimir Putin on Monday told Russia’s Defense Ministry that he had raised peacekeepers in two isolated regions of Ukraine after recognizing them as independent, raising fears of an impending war in Europe.
Russia has now declared independence and taken undeniable action against Ukraine.
Find out about 2 new Country Donetsk and Luhansk
The Ukrainians, Russia’s recognition of the two territories, the two countries Donetsk People’s Republic and Luhansk People’s Republic, could allow separatist leaders to request military assistance from Russia, Ukraine says. Ukraine will probably be interpreted as the entry of Russian troops into Ukrainian territory.
Why is it important that Russia only recognized Donetsk and Luhansk?
The recognition work makes sense because the borders of the two isolated regions, Donetsk and Luhansk, claimed by the Russian-backed leaders, extend beyond the territory they now control and into space controlled by the Ukrainian army.
Conflict in the separatist region began in 2014, when Russian-backed rebels seized government buildings in Donetsk and Luhansk, sparking a protracted trench warfare with Ukrainian forces. Since then, more than 13,000 people have been killed in fighting in the region.
Donetsk and Luhansk: What you should know about the ‘republics’
Donetsk People’s Republic
The People’s Republic of Donetsk is a self-proclaimed semi-autonomous region of the former Ukrainian Oblast Donetsk. It is supported only by the partially recognized South Ossetia and every Luhansk People’s (LPR). Donetsk police town and DPR police town. Dinis Pushlin has been the head of the DPR state since 2018.
Covering an area of 8902 sq km, they occupied large cities such as Donetsk (capital) and Harlevka. Donetsk was recognized by Russian President Vladimir Putin on February 21, 2022.
Luhansk People’s Republic,
Luhansk is the largest city in the People’s Republic of Luhansk and serves as the capital of the People’s Republic of Luhansk. The population of the republic is about 1.5 million. The Constitution of the Republic declares the LPR to be a democratic constitutional state. The current head of state is Leonid Pasicnik.
Covering an area of 8377 square kilometers, they occupy large cities such as Luhansk. Luhansk was recognized by Russian President Vladimir Putin on February 21, 2022.