President Joe Biden announced more than 500 new sanctions against Russia on Friday, in response to the death of jailed opposition leader Alexei Navalny and the ongoing war in Ukraine.
President Joe Biden speaks to the press in the parking garage of the Fairmont Hotel in San ... [+]
In a White House statement, Biden said the sanctions will target “individuals connected to Navalny’s imprisonment,” as well as Russia’s financial sector, the country’s defense industry and “sanctions evaders across multiple continents.”
The sanctions also include additional export curbs targeting 100 entities “providing backdoor support for Russia’s war machine.”
Biden’s statement hailed Navalny as a “courageous anti-corruption activist and Putin’s fiercest opposition leader.”
In the statement, Biden urged members of the House to pass the national security supplemental bill to allow for additional military aid for Ukraine, warning that Russia is receiving weapons from North Korea and Iran.
“History is watching. The failure to support Ukraine at this critical moment will not be forgotten. Now is the time for us to stand strong with Ukraine and stand united with our Allies and partners,” Biden said.
This is a developing story.