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US President Joe Biden announced new economic sanctions on Russia following the Russian invasion of Ukraine. "We've now sanctioned Russian banks that together hold around $1 trillion in assets," he said. "Today, we're also blocking four more major Russian banks...every asset that they have in America will be frozen. This includes VTB, the second-largest bank in Russia," Biden added.
short by Pragya Swastik / 12:51 am on 25 Feb
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