Biden Weighs Tougher Sanctions on Russia

Washington Post: “Biden administration officials have discussed intensifying their sanctions campaign against Russia as evidence emerges of the apparent execution of civilians in a suburb near Kyiv, the Ukrainian capital.”

“The scope of the potential U.S. retaliatory measures was not exactly clear, but senior Biden officials have previously discussed potentially devastating ‘secondary sanctions’ that would target countries that continue to trade with Russia…”

“The Biden administration could also impose sanctions on sectors of the Russian economy that it has not hit so far, including mining, transportation and additional areas of the Russian financial sector. The world continues to buy billions of dollars worth of Russian oil and gas, giving the Kremlin a direct financial lifeline. Officials stressed that planning was preliminary and no decisions had been made about potential responses.”