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Articles written by Eli Stokols La Times


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  • Biden announces economic sanctions against Russia

    Eli Stokols LA Times, Syndicated content|Updated Feb 24, 2022

    WASHINGTON — President Joe Biden announced Thursday that the U.S. will impose severe economic sanctions on Russia over what he described as an “unprovoked and unjustified attack” on Ukraine, but he stopped short of barring Moscow from a key global financial system. “Putin is the aggressor. Putin chose this war,” Biden said. “And now he and his country will bear the consequences.” Biden announced joint sanctions with European allies to sanction five more Russian banks holding around $1 trillion in assets. “Every asset...