Biden to Warn Putin Russia Faces “Severe Economic Harm” if he Attacks Ukraine

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US President Joe Biden (R) and Russian President Vladimir Putin meet on June 16, 2021 in Geneva, Switzerland.

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US officials said Monday that Russia faces “significant and serious economic losses” if it invades Ukraine, and President Joe Biden will deliver a message to Russian President Vladimir Putin during a videoconference, both leaders said later today. will organize

The White House said that Biden called on monday with the leaders of France, Germany, Italy and the UK, and that the allies talked about Russian military build-up on Ukraine’s borders and Russia’s increasingly harsh rhetoric, and that they agreed “on a coordinated and comprehensive approach” .

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a white house The officer also said on Monday that “the way forward (…) would involve substantial economic counterintelligence by both Europeans and the United States.”

The sanctions could notably affect the nearly complete Russian gas pipeline in Europe NordStream 2, and some analysts have called the equivalent of a “nuclear nuclear option”, excluding Russia from the SWIFT system of global financial electronic transactions.

US intelligence officials believe Russia has gathered some 100,000 troops near the border with Ukraine to prepare for an offensive in late January.

Russia has denied the allegation and argued that the troop gathering was purely defensive, indicating that a red line would have been crossed if Ukraine had been equipped with Western or NATO missile defense capabilities.

Biden said last week that he “did not accept anyone’s red line”, but a White House official said the US “supports discussions between NATO and Russia to resolve larger issues of concern to both sides”. Is.”

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