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Feb 24 • 4 tweets • 2 min read
BREAKING: Biden announced that G7 leaders have agreed to impose new sanctions against Russia, including further measures on four financial institutions and sanctioning "Russian elites and their family members."

trib.al/cQ3S8rI
Biden said the purpose of the sanctions is to “limit Russia’s ability to do business in dollars, euros, pounds and yen to be part of the global economy.”

axios.com/biden-sanction…
The president added that the U.S. has now sanctioned “Russian banks that together hold around $1 trillion in assets.”
axios.com/biden-sanction…
Biden did not announce SWIFT sanctions but contended that cutting off Russia is “always an option.”

He added that sanctioning Putin himself also remains on the table.
axios.com/biden-sanction…

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More from @axios

Axios Profile picture
Feb 26
🧵: Everyone following the war in Ukraine seems to be talking about SWIFT — but many Americans are hearing about it for the first time this week.

Keep reading to find out what SWIFT does and why it matters to Russia ⬇️
axios.com/swift-russia-u…
SWIFT, or the Society for Worldwide Interbank Financial Telecommunications, is a secure messaging service that more than 11k banks around the world use to communicate.

"Essentially, the Gmail of global banking," as Bloomberg explained yesterday.
axios.com/swift-russia-u…
Cutting Russian banks' access would isolate the country from the global financial community, and put more economic pressure on the Kremlin.

The U.S. and its European counterparts have so far held back from cutting off SWIFT, but it's not off the table.
axios.com/swift-russia-u…
Read 6 tweets
Axios Profile picture
Feb 25
BREAKING: Biden to nominate Judge Ketanji Brown Jackson to be the first Black woman on the Supreme Court, according to a source familiar with the matter. trib.al/1amGY1u
Jackson served for two years as a federal public defender and would be the first justice in decades with any significant experience representing criminal defendants. axios.com/biden-supreme-…
In many ways, she has the resume we’ve come to expect from Supreme Court justices:

Harvard Law, a SCOTUS clerkship, some time at prestigious corporate law firms, and a seat on the federal judiciary — specifically, the D.C. Circuit Court of Appeals. axios.com/biden-supreme-…
Read 7 tweets
Axios Profile picture
Feb 24
HAPPENING NOW: Biden is addressing the Russian invasion of Ukraine and announcing sanctions against Russia.

Follow this thread for updates ⬇️
axios.com/ukraine-russia…
Biden: “This was never about a genuine security concern on their part. It was always about naked aggression — about Putin’s desire for empire, by any means necessary.”
Biden said Putin will “bear the consequences” for Russia’s invasion of Ukraine.

axios.com/ukraine-russia… Image
Read 7 tweets
Axios Profile picture
Feb 24
WATCH: @erica_pandey discusses the Gen Z workplace and how companies are innovating to attract and retain young talent, featuring @LinkedIn chief economist Karin Kimbrough and @ChipotleTweets chief people officer Marissa Andrada.

trib.al/5mLldKE
@erica_pandey @LinkedIn @ChipotleTweets .@LinkedIn chief economist Karin Kimbrough on the Gen Z workforce: "They are extremely career path oriented. I think we ought to dispel the myth that somehow they're flighty, or entitled, or not serious. They're incredibly serious. They want employers to invest in them."
@erica_pandey @LinkedIn @ChipotleTweets Karin Kimbrough: "They have been thrust into their first job in the middle of a pandemic because remember, they're all about at max 25 years old. They've only known remote work and they want to get out there. They want to connect with people."
Read 5 tweets
Axios Profile picture
Feb 24
World leaders swiftly condemned Russia's attacks on Ukraine and vowed to hold Putin accountable.

🇺🇸 Biden: "Russia alone is responsible for the death and destruction this attack will bring."
axios.com/russia-ukraine…
🇬🇧 Boris Johnson:

"Our worst fears have now come true and all our warnings have proved tragically accurate. [Putin] has unleashed war in our European continent. He's attacked a friendly country without any provocation and without any credible excuse." axios.com/russia-ukraine…
🇫🇷 Emmanuel Macron:

"The events of this night are a turning point in the history of Europe and our country...Putin rejected the diplomatic path and chose the path of war." axios.com/russia-ukraine…
Read 8 tweets
Axios Profile picture
Feb 24
BREAKING: Putin announced a "special military operation" in Ukraine in a speech early Thursday local time that served as a declaration of war. axios.com/putin-delares-…
Putin said the operation was intended to "demilitarize and de-nazify Ukraine," but not to occupy it.

That message appeared to be aimed not at the separatist republics where troops are already deployed, but to the country as a whole and leaders in Kyiv. axios.com/putin-delares-…
Putin: "To anyone who would consider interfering from the outside: if you do, you will face consequences greater than any you have faced in history." axios.com/putin-delares-…
Read 6 tweets

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