New sanctions on Russia, US President G7 will hold a virtual meeting with allies

Thursday, February 24, 2022

US President Biden will meet with G7 allies. The meeting will be attended by leaders from Britain, Canada, France, Germany, Italy and Japan, according to a foreign news agency.

The news agency added that the G7 leaders would discuss new sanctions on Russia. According to the news agency, President Biden said in this regard that the United States and its allies will give a unanimous and decisive response to the attack of Russia. On the Russian attack, President Biden said the world would hold Russia accountable.

According to the news agency, the United States banned the gas pipeline from Russia to Germany.

Earlier, Germany announced that it would not allow the Pine Line to be opened for delivery.

According to the report, the United States and Europe have banned two Russian banks.

The US official said that new sanctions would be imposed on Russia today. He said Russia's largest bank and people close to Putin would be the target of new sanctions.

The US official added that Russia would also be banned from selling high-tech equipment.

According to the news agency, some sanctions could cause economic difficulties for Europe and sanctions could also hinder the exit of the global economy from the effects of the Corona epidemic.

Meanwhile, due to the new situation, stock markets are in a slump and oil prices have crossed 100 100 per barrel. The US President will address a televised address on the situation in Ukraine today.


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