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0 security council and participated in a virtual g7 leadership meeting to talk about all that is going on. we expect to hear from the president on what he calls and unprovoked ms. by russia. more than 90 minutes later than what he was saying. so it will be interesting. what will he say, and will he take questions? keep it here on fox. >> sandra: fox news alert as war breaks out in ukraine after russia launches a full-scale attack, hitting cities and military bases with more than 100 ballistic missiles. large explosions could be heard across the country has russian forces moved in from three science. at least 40 ukrainian soldiers were reportedly killed so far, and a number of casualties is expected to rise. >> john: world leaders are ready to respond to hammer moscow. covering this from all of the angles with our expert lineup. bret baier, general jack keane, stephen moore, robert wolf, daniel hoffman, brett bruen will all join us, coming up. >> sandra: and that's where we began this hour on "america reports." vladimir putin has made his move. now the world waits to see how president biden will react. launching full-scale war on an american ally. breaking at this hour. hello, everyone. i'm sandra smith. >> john: i'm john roberts. 8:00 p.m. in ukraine where a nationwide curfew is an effect. the latest from local reports, northern outskirts of kenya has fallen to the russians after repeated attacks coming one after another from the air. >> sandra: all right, and some breaking news at this hour at at the infamous chernobyl nuclear disaster site. we are told now that russian forces have seized control -- this is according to an advisor to the ukrainian presidential office that according to reuters reporting this at this hour. they say their troops are fighting to keep control of the nuclear power plant. back in the 1980s and throughout the country rockets raining down on cities, sending civilians fleeing for their lives. some people taking shelter at train stations while others try to escape on the roads there only to run into you pack highways which stalled traffic. >> john: and we are getting a look at how the russians carried out their coordinated attack. senior defense official telling fox news the russians are moving on three axes from crimea up to the northwest took from belarus towards kyiv and from the northeast towards kharkiv. that official also warning this is just the first of multiple phases of the large-scale invasion plans. >> sandra: we have fox team coverage on all of this. general keith kellogg will be warning us. peter doocy on the ground at the white house. trey yingst is an kyiv with the very latest from there. >> sandra, good afternoon. some concerning developments in kyiv. we are learning from the office of the president that that airbase just about a 45 minute drive from where we are standing right now has fallen into the hands of the russian forces currently on the ground. ukrainian soldiers fought all day, trying to maintain control of this critical base that will now give the russians the ability to fly in x-ray equipment and military vehicles as they planned for that offensive that we expect against the capital of kyiv. some other concerning news to report, as you noted, the chernobyl region was a flash point today. they came into northern ukraine from belarus. we also can report at this hour according to the office of the president, chernobyl is now in the hands of the russians. indicating russian forces are now poised to target the capital city of ukraine in the coming days. that alliance with western intelligence at the russians will move forward in an attempt to choke off the city. meanwhile, volodymyr zelenskyy and encouraging civilians across the country to pick up arms and fight. he understands that the country is running out of options as diplomacy plays out behind the scenes and sanctions continue. it does appear russian forces currently in ukraine will be able to make a move on the capital of kyiv in the coming days. what is unclear is what type of site they will receive as those ukrainian forces who are left will put up here in the capital. back to you. >> john: hey, trey, john roberts. i was just about to ask you in terms of resistance from the ukrainian military and civilians who have taken up arms. do you have any idea what kind of resistance they are able to mount at this hour? >> we understand according to the russians they have taken out all of ukraine's air defenses. and even before that, we are looking at a major disadvantage from the ukrainian military. it is about a tenth of the size of the russian air force. don't have the effective capabilities to ward off future attacks that could target the city. another thing to think about, though, is the battlefield. ukraine is a very flat country. while there will be insurgency attends and cities, it will be difficult to launch them in different areas across ukraine. one thing to think about also, that, if those russian forces make their way into the capital city of kyiv, we can expect some level of almost guerrilla style fighting with weapons by ukrainian forces will have to resort to end this close quarter combat. we can expect them to put up a final fight if there is not a negotiated cease-fire before then. we do understand that this hour moscow is offering, we are not sure if they are serious, but offering to ukrainian official some sort of settlement that would allow them to give up targeting the capital. >> john: i guess that is the gold, to replace the government there. >> sandra: okay, thank you. >> john: stay safe. president biden's response, tweeting out this photo while confirming that the u.s. and our allies will impose new sanctions against russia. correspondent peter doocy is live. when will we see him? >> we expect to see him in about 25 minutes, but as the meetings pile up in these phone calls pile up, that could be even further. if you look at that photo, though, he wants to talk to the rest of the g7 to figure out exactly what they can all agree on as an appropriate response to putin's new threats against ukraine. that is what this is. it is a response. it is not preemptive. the president has been saying that he will escalate as russia escalates. in the latest from president biden's social media is he says to make an announcement is going to be a devastating package and sanctions. last night pretty late, the ukrainian president, as he came under siege from russian forces, found the president biden, and according to the white house, the big ask was just to get the whole world to speak out against putin. we are starting to hear that with some of the european leaders. we expect to hear president biden say as much as and about 25 minutes. but something else that we probably will hear from the president based on his last remarks, what do americans expect will happen here at home? can't be involved in defending values like this without some sort of an effect. we expect him to outline a little bit more about exactly what that is on how bad that i can get here at home. >> sandra: it was really interesting yesterday, peter, to hear jen psaki say that the sanctions will not impact america. we just heard general jack keane say that he is hearing they're not going to touch the swiss banking system or push putin out of that. 11,000 financial institutions over 200 countries. i just wonder if you have heard anything. if that is a consideration, that that is the option. that is what robert wolf is going to tell us, coming up. >> senior administration officials were working very late. tell me that there would be significant sanctions. but they don't consider this to be the full extent of how far they can go because the way they see it, the way you're going to respond to something like this, that is basically unlimited options. you can always go back and make the ones that exist stronger. so they are calculating, and they have been calculating that devastating sanctions are going to be a match for god's bombs and bullets and missiles. that is what they are betting on today. >> sandra: peter, thank you. fox news contributor. glad to have you here. what do you believe his next move should be? >> the president's next move ought to be as hard as he can possibly be on putin and demonstrate presidential leadership. i made a comment the other day we are probably only in act iii of a multi-act play. we do not know at the end of it is. i have to depart for a moment because putin said something really disturbing to me. just yesterday, he said of the west gets involved, the united states and nato, consequences you've never seen. people need to understand what he's saying. it is code for nuclear war. because that's how they fight. their philosophy, their military philosophy is to escalate. and they have got over 5,000 what we would call tactical nuclear weapons. that they could use on a battlefield. and i reached the point now where i believe putin is just destabilized enough that he would do something like that. so the president needs to understand that. he needs to understand he is a global leader. he needs to take some very heavy-handed measures against putin, rally the entire glove against what putin is doing. president xi is looking at this. the supreme leader in iran is looking at this. we are going to put putin back in a box. everything that was done yesterday in the day before, that doesn't count anymore. you have to start thinking about today and tomorrow in the next few weeks going forward. >> john: if there were nuclear weapons, how do you employ those? >> it is in his military philosophy. >> john: bet against what targets? >> use those against troop units. they are unit killers. using them against the city. why would he be going after chernobyl and that he was looking for an excuse to say there has been a nuclear explosion of new turn of all or some type of reaction? you have to start thinking a little bit out of the box with this guy. you and i don't think like that because to me it's irrational. to him, it is rational. >> sandra: general, if you could stand by with us as our coverage continues, thank you very much for joining us. >> john: and dry, joining us now is ted cruz, member of the foreign relations committee. we believe that we are about 20 minutes away from the president speaking. when he takes the podium, what do you want to hear come out of his mouth regarding the situation? >> well, we need strength, and we need results. it is because of catastrophic mistakes made by president biden and vice president harris. or, in particular that put us in the situation. number one, last year when we withdrew from afghanistan, the absolutely catastrophic withdrawal incompetently executed. every enemy of america across the globe looked at america and was -- they looked at the oval office and took a measure of the man in the oval office, and unfortunately, they concluded that the president was weak and ineffective. and as i said at the time, the chances of a russian invasion of ukraine just increased tenfold, and every bit as troubling of the chinese invasion of taiwan having increased tenfold. secondly, with respect to russia and ukraine in particular, president biden made an enormous mistake when he waved to the sanctions on nord stream two, the pipeline that putin was building to get his natural gas to europe without having to go through ukraine. i asked congress that president trump signed into law, and we stopped the pipeline. what prevented the russian invasion of ukraine? president biden decided instead to surrender to russia, to waive the sanctions. he allowed putin to complete the pipeline. there was an enormous mistake. and thankfully yesterday after over a year of battling in the senate to try to get the sanctions imposed, joe biden finally did the right thing and imposed sanctions on nord stream two tran. it's the right decision but far too late because he does not believe it's credible, does not believe that it will stay, which means what we need to see from him today as i promised not only are we sanctioning them, but they are permanent. i'm going to be introducing legislation in congress to take away his ability to waive the sanctions because if putin genuinely believes that nord stream 2 will not go online, that is the single best to turn we can have to prevent a full-scale invasion of ukraine. >> sandra: you suggested that we need to go beyond sanctioning the pipeline itself, the project itself. you want to sanction the companies involved which involves a lot of european companies that would clearly want to push back on that. i want to ask you what "all the way up" means? we should be sanctioning all the way up. how far do you want to see joe biden go when he speaks 15 minutes from now? >> well, the principal target, the company called nord stream 2 ag, the company that owns and operates the nord stream 2 pipeline, and principal officers as well. nord stream 2 ag is a swiss company that is fully owned by the giant russian energy company. that is who biden should have sanctioned. that is who biden waved sanctions on. that is who, just a few is a go, forced a vote on the senate to impose sanctions, and i wanted a big bipartisan vote. 55-45 in favor of the sanctions, including six democrats. but unfortunately, democrats filibustered the bill. they demanded 60 votes, so it did not pass. and that was because 44 democrats in the senate gave into political pressure from the white house and decided to vote with russia, with putin instead of protecting national security. i offered him a deal. i had placed a hold on every state department state department nominee from the biden administration, and i had offered for a long time to list those holds if he would follow the law and impose the sanctions. yesterday, is invited and accepted my deal, impose the sanctions, which he should have done a year ago, and as a result, i lifted michael's, but here's the problem. putin looking at this does not believe that biden will hold the line. he believes that biden will once again waive the sanctions. so if we want to stop in invasion, we've got to listen to ukraine. the leaders of ukraine have told us that two's most effective thing is to stop in invasion our immediate sanctions on nord stream 2 and providing ukrainian people with lethal defensive weaponry so they can defend themselves. it's not americans defending them. we don't want american soldiers fighting russia. but we should continue to provide ukrainians with a weapon so they can fight for themselves. >> john: in terms of the ukrainians mounting a defense, clearly they are committed patriots and want to defend their land, but against these troops, that is going to be a tough fight. but let me ask you this question. if putin's goal is, as he has suggested, to change the regime in kyiv too i guess really wind the clock back to pre2014, a government that is pro-russia, and he says i'm leaving now and takes his troops and goes on in the is that government there, what, in effect, because the united states and its european allies do about it? we can sanctions putin all we want. we can try to cut off his oil and gas, but europe is fully defended on that, and they are probably not going to want to continue sanctions if there does not appear to be in imminent military threat. >> so, john, that question on your part, i think that is likely going to be putin's end game. i do a podcast every week called "verdict with ted cruz." ukraine and where it is likely to go. and i think putin's plan is what you just suggested. to invade, go all the way to kyiv. i expect that we will see its tanks in the streets of kyiv, which i have been predicting for a year as a result of biden's policies, but i think's end game will be to negotiate a retreat and put in place a puppet leader like he had prior to 2014 who will follow his orders. i think that is a very bad outcome for the people of ukraine. they want to be allies with america. they want to be allies with europe and the west. they don't want to be under russian domination. i think the answer is not military conflict from the american military but rather using the economic tools we have two increase the price for putin to carry out this assault. it may be too late. at this point, biden's weakness has provoked this assault. i've got to say, a few weeks ago we had a briefing about 100 senators. one of the democratic senators stood up and asked a question of the secretary of state. why did russia not invade ukraine in 2017? why not in 2018, 2019, 2020? i have to admit several of us laughed out loud because the answer was self-evident. you had a president, president trump, who was strong, that russia did not want to mess with. and we have a lot in place that had shut that pipeline down. if we are going to incur aggression, the only way to do so is with strength, not weakness, and unfortunately that biden white house doesn't understand that. ct senator, before we move on here, we want to get some live pictures of protests happening. quickly -- okay, first in new york city. these are protests happening in new york city. pro-ukrainian protesters demonstrating here in new york city. okay, taking these live pictures. south central park over by the plaza there. you can see fifth avenue as they are walking along what appears to be south central park. they appear to be making their way east. monitoring that situation. we think the senator for joining us. janice standing by. >> john: you've got quite an extensive readout. give us the download. >> from a senior u.s. defense official, i want to mention one thing. russia's nuclear weapons. the pentagon says they see no signs of any height in the state of anything unusual with regards to those weapons. according to the senior officials, we would describe this as the initial phase. what we saw last night. expect to unfold in multiple phases. they have every intention of decapitating the government and installing their own government. the veiled threat that general kellogg mention from putin, this is what he said last night. we don't have the sound. okay. what we know from the pentagon, more than 100 ballistic missiles were launched by russia into ukraine overnight. russia advanced on three main axes of assault from the south, crimea, from the north, from belarus to kyiv. they are coming into kyiv from two positions. northwest from belarus. moving down quickly to the capital. that is why you're hearing about fighting in and around the chernobyl area. that area is not just because the russian forces want to take the chernobyl site where there is a very significant nuclear waste deposit site. we have a new report. they also want that chernobyl site -- the most direct route for tanks to come down from the north, from belarus to the capital, kyiv. we have a report from our producer, chief advisor to president zelenskyy said that the russians now occupy the chernobyl nuclear power plant that was supposed to be decommissioned. it was in the process of being decommissioned. he says that there are personnel at the power plant that are being held hostage and then after a fierce battle for control over chernobyl, the ukraine force is lost. the condition of the former nuclear power plant and nuclear waste storage facility is unknown. that according to president zelenskyy. what we can say is that there is also very significant fighting at about 45 minutes outside of kyiv at that air base, cargo bays where russian air assault forces were inserted. they seem to have taken control of that base. now they can begin lending cargo planes, including cargo planes full of russian troops just 45 minutes from the capital. from what we have seen, there were 100 ballistic missiles launched into ukraine overnight, but this is just the beginning of the assault. russian aircraft's involved in the assault overnight. targets included air defense, barracks, and ten the airfields were taken in just those 12 hours. there has been no indication of amphibious assault. no russian troops have landed in odessa for instance. communication is still active, but the full scope of russian warfare has not been employed by the russian forces. that could come in the coming hours. that's what we have right now. we expect everything not long from now after the president speaks. john. >> sandra: all right, jen griffin live for us. we will check in with you. let's bring in anchor of special report, bret baier. saw you all the way up into the night covering this last night. we just had our live shot of new york city where pro-ukraine demonstrators are walking the streets here. walking down that watching every mom and obviously in and awaiting the president at this hour. we wonder how far he will go into what extent he will go to stop vladimir putin. >> a couple of things to add on that. i have talked to two u.s. officials and one senior official up on capitol hill. the president has been presented basically a menu of things to do. the sanctions are one side of that menu. the other side are cyberattacks. these are cyber aggressive moves against russia to somehow prevent them from either resupplying lines in ukraine. there is a lot of capability at the u.s. national security agency. red team, blue team cyber removes all the time. if you remember back to i ran, the operation to take down some of that nuclear capacity. and the options are on the table. now there is less concern about any nuclear action as you heard from general kellogg, but you do have the options of what to do in the cyberspace. that raises the question of retaliation and what we have a country are ready to go down that road. what we may say his spear he had i think you are going to hear the president prepare america for some tough times both on the prices of gas and oil but also the possibility of cyber disruption. >> john: we are showing this protest in south central park. protests taking place inside russia as well. i think we've got the video as well. literally the definition of in the middle of nowhere because it is just northeast of kazakhstan. antiwar rallies breaking out there. cities and towns across russia as well. we have seen some entertainers and some famous television personalities come out against the war. came out against it during a court proceeding. the russian people are not saying go, go, we've got your back. some are saying we don't like what we see here. >> that's a major factor. it is part of this giant operation. we are getting reports that the ukrainians are fighting back hard, especially in the south. there have been some big battles, and they have taken casualties. as in russian casualties. but talking to officials here who are kind of mapping the thing out, if push comes to shove, russian forces overwhelmingly can move forward eventually. and maybe it's two weeks. maybe it goes into this insurgency campaign. but eventually the goal is to replace the government with a russian friendly government. and it's hard to see, if the dynamic doesn't change, how that doesn't happen long term. >> sandra: it seems like there's going to be a lot of exploration in the days and weeks to come. these european countries, for their energy needs. "the wall street journal" picked that up in the piece today. how to beat putin with natural gas. america and its allies can wean you off of its dependence on energy imported from russia. at the centerpiece of the scum of "the wall street journal" writes, but reliance on russia for energy has enabled putin to move on my key is at this moment. and you just wonder if there will be big changes to come and reliance on russia for the world's energy needs. >> that would be a significant policy change for this administration. it is hard to see right now, but it's possible, i suppose. opening the keystone pipeline, doing other things. not immediate, but it would send a signal to the world we do taken between five and 12 million barrels of russian oil every month. saudi arabia is not saying that they are going to increase to help us out, so are we going to turn to iran in the nuclear deal to increase protection? what is left if putin cuts back is pretty significant. >> john: let me get you to expand on the question we asked ted cruz. you alluded to it. topple the zelenskyy government, put in a russian puppet government. he said he wants to demilitarized ukraine. if he does not, he's essentially winding the clock back to pre2014. but if he leaves on has no further aspirations to take more territory and he does not annex ukraine and make it a part of russia, do you think the european union will stand firm against him, knowing that he's got his finger on the energy switch? and that it would be very difficult for european nations who have become so dependent on russian oil and gas to find alternative sources? >> i think it's a great question out it would be up to the ukrainian people to rise again in order for that to switch back around. i don't think that the prospects of u.s. funding of long-term insurgency behind the scenes are real without repercussions. in today's day and age, russia would find out that that's happening very easily. so i agree with you. i think that's the ultimate goal. if it stops there, that's one thing, but if there are other aspirations that putin has, suddenly you trigger that. >> sandra: this is from yesterday. jen psaki, on the sanctions that biden is imposing now. maybe not the ones he's about to announce. but so far, how they won't affect the american people. >> the sanctions that we announce yesterday will not have an impact on the american people. they will have an impact on the russian elite, financial institutions, individuals who are trying to use those institutions to engage with western banks. including president putin and his inner circle. >> sandra: but now there is for questions. general keane must are indicated that he's hearing they will go this route. but it is an option, bret, to eliminate putin and russia from the swiss banking system that connects 11,000 financial institutions all over the world. 200 countries involved. it would be a way of isolating him. you wonder if this is an option for this administration. i spoke to robert wolf this morning who -- he was the ceo. he said that would be the ultimate hammer to drop on vladimir putin. i just wonder if your hearing if this is even a consideration for the administration. >> it has been talked about. i don't know if this is where it happens or if it's the next one. that is a part of the many that the president has looked at. i just want to point out that the kyiv side looks like they were not lights on or they just went off. i don't know what that means. cruise on the ground can probably tell us if there is still electricity throughout the city. the cyberattacks, everything that we can do, they can do. so the ratcheting up of possibilities there, you can play that out pretty negatively. >> john: bret, in the military parlance, as the lights go out there and kyiv for some reason, this has been a softer preground force operation then we were initially led to believe. we were led to believe it was going to be hundreds and hundreds of missiles and attacks that would make shock and look like it was child's play. but yet the russians have not played it that way. and there is still a lot more that they may do. but what you make of the fact that they have not taken communications off-line, that they have not rolled into downtown kyiv or kharkiv, and they seem to be taking this much more slowly and without as much intensity as we expected? >> it's a fascinating question. it is not like they have not done a lot. they have taken different airfields. but you're right. it is not just a bombardment out the front. it may come because this next wave is expected to be forces from the south that are already moving pretty quickly from crimea and then the ones from the north. >> john: we should not take away the fact that there has been a loss of life on the ukrainian side. we know that prisoners have been taken on the russian side as well. >> sandra: just want to point out that this was originally expected at 12:30 eastern time to hear from the president. you can only imagine, bret, the conversations, the decisions that are being made in the white house at this hour. the phone calls that are being made before the present comes out and announces the united states' next move and all of this. >> you know, listen, it is a major moment for this president. i said yesterday it is. this week is a major moment. how he speaks, what message he sent, not just for russia and ukraine. it is for china. it is for taiwan. it is for the rest of the world to look at america and say how are we as a country reacting to this? we expect there to be a lot of focus on the g7 leaders all speaking as one to send one unified message. >> john: and a big question i have is, bret, how hard is biden go? there's the old saying, and you know from personal experience, don't poke the bear. it is not the bret baier. it is the russian bear because putin has found that he will respond swiftly and with a lot of some sort of force if he is pushed into a corner. now general keith kellogg was suggesting that could be in the form of nuclear tactical weapons. not sure that is in the cards, but what could be in the cards? >> i think the cyber possibilities, that is the biggest threat right now. once you start getting down the road, it can go a lot of places. i think because of the actions that have already been taken in crossing a line of the world order, that something significant has to happen with a unified front. being unified is tough. for some of those countries in europe or going to feel directly any pinch that goes on. >> sandra: the present stepping out here what should happen at any moment. the reporters are in the room. to ask the president questions. should he take any. there is an interesting activity in the markets. a somewhat orderly sell-off in the face of an absolutely horrific last 24 hours of watching this unfold, bret. i know it is being billed as a major sell-off for less than a 2% move to the downside. down 632 points, but with the dow at 32,000, that's not a huge sell-off. that's interesting and notable that it is somewhat orderly as markets would have anticipated what is next with all of this. >> that's fascinating too. at one point the nasdaq was in positive territory today. i think you know better than anybody and they are watching this unfold. this could be a long process. we don't know how long. >> john: let's go back to our man on the ground in the capital city of kyiv. trey yingst has got some information for us. what's the latest there? >> john, good afternoon. at this hour we understand the ukrainians are still trying to take back some of those positions to the west into the north where we are at right now. president zelenskyy is not giving up in his fight. we understand according to his office that he continues efforts to find support for the international community amid this russian offensive that would come in the terms of sanctions that we are expected to hear from president biden about but also in the form of weapons. we know that ukrainian forces have used a lot of their weapons today just fighting off the early hours of this russian invasion. remember, when we talk about the direction that these russian forces entered ukraine from, it was not only the south but also the north from russian territory and also belarus. a lot of different angles having to defend at this hour even as those forces try to take land as they move forward. we are also learning that a power station in the southern part of the country is now in the control of russian forces. we were in this area about a week and a half ago speaking with zelenskyy when he talked about what he thought was going to happen in the coming days and his country. to give you a little bit of background on what this area looks like, not a whole lot of defense where the annexed territory is. the territory that president putin took over in 2014. russian tanks and armored vehicles were able to simply drive on a paved road into this territory. they did not face much resistance in the south. we understand according to sources here in kyiv that the bulk of the resistance is actually taking place in kharkiv, the second largest city in ukraine. a lot of those ukrainian forces if they are not able to fend off those offenses that are taking place, they are probably going to drop back to help defend the capital city here in kyiv. >> sandra: remarkable images all morning that we have seen. and just the lines of cars and people trying to flee that city to the point where traffic was just not a complete standstill. and then word that many who decided to stay were hunkered down in the underground subway system, very far underground to protect themselves. trey. >> absolutely. tonight, most people will be sleeping underground in the ukrainian capital. there is a real understanding that they are campaign is likely not over. even earlier this hour we heard quite a large explosion in the ukrainian capital. and while it is not as intense as it was when this first started, it doesn't mean that it's over. the civilian population here is now caught amid the cross fire. 3 million people in the ukrainian capital. many women and children that are stuck because people really did not think they would have to flee the city. we did not see mass evacuation or mass evacuation orders from officials leading up to this date, and that's why this morning you saw so many of those cars bumper-to-bumper leaving on the expressway is outside of kyiv headed to the western part of this country to try to get away from the russians. >> john: trey yingst for us. hey, trey, b3 remarked it looks like the lights had gone out in kyiv. clearly you still got some power, but is it darker than it was? >> we still have power at our location. it's tough to tell because different parts of the city have had a little bit of trouble with power, but i don't think it's anything of note at this hour. >> john: putin trey, thank you >> sandra: what do you expect to hear? >> probably going to slap a couple of sanctions, nothing much. but he should say, sandra, number one, talk to the american people and sam going to reopen the american energy industry. what he should say to europeans as i got your back. i will provide energy security for all of the european countries. however we have to get it to you, we will make sure that you are covered. airlift, tankers, with got you covered. then he should say to the russians we are going to sanction you. we are going to drive down the price of oil. we are going to bankrupt you, and we are going to prevent any high-technology from getting to russia. that is what he should say. i don't think he will. >> john: even if he were to say it, how do you do it? our gas production here and oil production in the united states has declined from where it was during the previous administration. and the president is walking out right now, kt, so rather than engage even that answer, let's go to the east rim. here the president. >> president biden: good afternoon. the russian military has begun a brutal assault on the people of ukraine without provocation, without justification, without necessity. this is a premeditated attack. vladimir putin has been planning this for months as we have been saying all along. he moved more than 175,000 troops, and dietary equipment and position along the ukrainian border. built-up field hospitals, which tells you all you need to know about his intentions all along. he rejected every good faith effort the united states and our allies and partners made to address our mutual security concerns through dialogue to avoid needless conflict and overt human suffering. for weeks -- for weeks, we have been warning that this would happen. and now it's unfolding largely as we predicted. in the past week, we've seen a region controlled by russian backed separatists. the russian government has perpetrated cyberattacks against ukraine. we saw staged political theater in moscow, outlandish and baseless claims that ukraine was about to invade and launch a war against russia. that ukraine was prepared to use chemical weapons. ukraine committed a. without any evidence. we saw a flagrant violation of international law, attempting to create two new republics on sovereign ukrainian territory. and that the very moment that the security council was meeting to stand up for ukraine's sovereignty, to stave off this, putin declared his work. within moments, moments, missile strikes began to fall on historic cities across ukraine. then came the error rates followed by tanks and troops rolling in. we've been transparent with the world. we share declassified evidence and false pretext so there could be no confusion or cover up about what putin was doing. putin is the aggressor. putin chose this war. and now he and his country will bear the consequences. today i'm authorizing additional strong sanctions and new limitations on what can be exported to russia. this is going to impose severe cost on the russian economy both immediately and over time. we have purposefully designed to be sanctions to maximize the long-term impact on russia and to minimize the impact on the united states and our allies. i want to be clear, the united states is not doing this alone. for months, we have been building a coalition of partners representing well more than half of the global economy. 27 members of the european union including france, germany, italy, as well as the united kingdom, canada, japan, australia, new zealand, and many others to amplify the joint impact of our response. i just spoke with the g7 leaders this morning, and we are in full in total agreement. we will limit russia's ability to do business in dollars, euros, pounds, and yen to stunt their ability to be part of the global economy. we are going to impose -- we've already seen the impact on russia's currency and the ruble, which early today hit its weakest level ever, ever in history. russia stock market plunged today. the russian government spiked by over 15%. today's actions we have now sanction the russian banks that together hold around $1 trillion in assets. with cut off russia's largest bank that holds more than one-third of russia's banking assets by itself. cut it off the u.s. financial system. today we are also blocking four more major banks. that means every asset they have in america will be frozen. this includes v tv, the second largest bank in russia which has $250 billion in assets. as promised we are also adding the names of russian elites and their family members that we are sanctioning as well. as i said on tuesday, these are people who personally gained from the kremlin's policies, and they should share in the pain. we will keep this up of those against corrupt billionaires in the days ahead. we stopped the russian government from raising money from u.s. or european investors. now we are going to apply the same restrictions to their enterprises. companies with assets that exceed $1.4 trillion. some of those powerful impacts will come over time as we squeeze russia's access to finance and technology for strategic sectors of its economy is and the greatest capacity for years to come. between our actions and those of our allies and partners, we estimate that we will cut off more than half of russia's high-tech imports. we will strike a blow through their ability to modernize their military. d. their aerospace industry including space program. her their ability to compete economically. and it will be a major hit to putin's long-term ambitions. we are preparing to do more. in addition to the economic penalties we are imposing, we are also taking steps to defend our nato allies, particularly in the east. tomorrow, nato will convene a summit. we will be there to bring together the leaders of the allied nations and close partners to affirm our solidarity and to map out the next steps we will take to further strengthen all aspects of our nato alliance. although we provided over $650 million in defensive assistance to ukraine just this year, this last year, let me say it again. our forces are not and will not be engaged in conflict with russia and ukraine. our forces are not going to europe to fight in ukraine but to defend our nato allies and reassure those allies in the east. as i made crystal clear, the united states will defend every inch of nato territory with the full force of american power. and the good news is we are more united and more determined than ever. there is no doubt, no doubt that the united states and every nato ally will meet our article five commitments which says an attack on one is an attack on all peered over the past few weeks, additional forces to germany and poland as part of our commitment to nato. on tuesday, in response to russia's aggressive action, i have authorized the deployment of ground and air force already stationed in europe to nato's eastern flying allies, estonia, latvia, lithuania, poland, and romania. our allies have also been stepping up. the other allies. adding their own forces and capabilities to add to collective defense. today within hours of russia unleashing its assault, nato came together and authorized and activated a response plan. this enabled their high readiness forces to deploy when and where they are needed to protect our nato allies on the eastern boundaries of europe. now i am authorizing additional capabilities to deploy to germany as part of nato's response, including some of the u.s.-based forces that the department of defense placed on standby weeks ago. i've also spoken with defense secretary austen and general milley about preparations for additional moves to become necessary to protect our nato allies and support the greatest military alliance in the history of the world, nato. as we respond, my administration is using every tool at its disposal to protect american families and businesses from rising prices at the gas pump. we are taking active steps to bring down the prices and american oil and gas companies should not exploit this moment to hike their prices to raise products. in our sanctions package, we specifically designed to allow energy payments to continue. we are closely monitoring energy supply for any disruption. we've been coordinating with major oil producing and consuming countries toward our common interest to secure global energy supplies. we are actively working with countries around the world to elevate collective relief from the strategic reserves from major energy consuming countries. the united states will release additional barrels of oil as conditions warrant. i know this is hard. and that americans are already hurting. i will do everything in my power to limit the pain in the american people are feeling at the gas pump. this is critical to me. but this aggression cannot go unanswered. if it did, there are consequences for america that would be much worse. america stands up to bullies. we stand up for freedom. this is who we are. let me also repeat the warning i made last week. a fresh approach to cyberattacks against our companies, our critical infrastructure, we are prepared to respond. for months, we have been working closely with the private sector to harden our cyber defenses, sharpen our ability to respond to russian cyberattacks as well. i spoke last night to president zelenskyy of ukraine. and i assured him that the united states together with our allies and partners in europe will support the ukrainian people as they defend their country. we will provide humanitarian relief to ease their suffering. in the early days of this conflict, we will keep trying to -- history will show time and i can have swift gains of territory eventually give way to grinding occupations. mass civil disobedience. and strategic dead ends. in the next few weeks and months, putin has unleashed a great pan on the people of ukraine, but the ukrainian people have known for 30 years of independence and have repeatedly shown that they will not tolerate anyone who tries to take their country back. this is a dangerous moment for all of europe, for freedom around the world. putin has committed assault on the very principles that uphold global peace. now the entire world sees clearly what putin and his kremlin allies are really all about. this was never about a genuine security concern on their part. it was always about naked aggression. putin's desire for empire by any means necessary. by bullying russia's neighbors through coercion and corruption. changing borders by force. ultimately by choosing a war without a cause. putin's action betrays sinister vision for the future of our world, one where nations take what they want by force. but it is a vision that the united states and freedom loving nations everywhere will oppose with every tool at our considerable power. the united states and our allies and partners will emerge stronger, more united, more determined, and more purposeful. putin's aggression against ukraine will end up costing russia dearly, economically, and strategically. we will make sure of that. putin will be of her eye on the international stage. any nation will be standby association. the history of this is written. putin's choice to make a totally unjustifiable war on ukraine will have left russia weaker and the rest of the world stronger. liberty, democracy, human dignity, these are the forces far more powerful then fear and oppression. they cannot be extinguished by tyrants like putin and his armies. they cannot be erased from people's hearts and helps by any amount of violence and intimidation. they endure. the contest between democracy and autocracy, between sovereignty and subjugation. make no mistake. freedom will prevail. god bless the people of the free and democratic ukraine. may god protect our troops. the associated pres. >> speaking with president could not this one, and what -- >> president biden: i heard the first part. do i have any plans to speak with him? and... lunch conflict already. not going to aspire to a larger conflict. all the forces needed in the eastern european nations, are members of nato. more united than it has ever been, and i have no plans to talk about that. "wall street journal." >> mr. president, is there a reason why the u.s. is not doing that? is there a disagreement among allies regarding whether russia should be allowed to be a part of it? >> president biden: the sanctions are of equal consequence, maybe more consequence. number two, it is always an option, but right now that's not the position europe wishes to take. cecelia, abc. >> sanctions clearly have not been enough to deter vladimir putin to this point. what is going to stop him? how and when does this end? do you see him trying to cope you on ukraine? and the second question, the statement he gave last night, the threat that he gave, the west will face consequences greater than any they have faced in history. is he threatening a nuclear strike? >> president biden: i have no idea what he is threatening. i know what he has done, number one. no one expected the sanctions to prevent anything from happening. it's going to take time. and we have to show resolve so he knows what's coming. so the people of russia know what he has brought on them. that is what this is all about. this is going to take time. it's not going to say oh, my god, the sanctions are coming. he is going to test the resolve of the west to see if we stay together. and we will. we will pose significant cost is on him. >> will he go beyond ukraine, sir? do you see him -- >> president biden: yes? >> two topics. really quick. markets are down, and gas prices are up. i know you stress the difference between wall street and main street, but everybody seems to be in for some economic pain. how economically painful is it going to get for people in this country? and i do have one more question. >> president biden: first of all, there's no doubt that when a major nuclear power attacks and invades another country that the world is going to respond. in markets are going to respond all over the world. so there's no doubt about that. number one. number two, the notion that this is going to last for a long time is highly unlikely as long as we continue to stay resolved and imposing the sanctions we are going to impose on russia, period. what's your next question, i'm sorry. >> did you underestimate putin describing him the way you did in the summer as a worthy adversary? >> president biden: at the time, i made it clear he was an adversary. i did not underestimate him. did you read -- i should not say -- i'm not being a wise guy. you heard the speech he made, and almost an hour, but he was going into ukraine. he has much larger ambitions and ukraine. he wants to infect reestablish the former soviet union. that is what this is about. and i think his ambitions are completely contrary to the place where the rest of the world has arrived. >> you are confident that these devastating sanctions are going to be as devastating as a russian missiles and bullets and tanks? >> president biden: yes. russian bullets, missiles, and tanks in ukraine. yes, i am. >> president biden, if sanctions cannot stop president putin, what penalty can? >> president biden: i did not say sanctions could not stop and get >> you have been talking about the threat for several weeks now -- >> president biden: it is two different things. two different things. now he is going to begin to see the effects of the sanctions. >> what will that do? how will that change is a mind-set? >> president biden: he is so weak in his country that he will have to make a very, very difficult choice, whether to continue to respond -- >> you said that big nations cannot bluff when it comes to something like this. he recently said that the idea personally sanction putin is on the table. >> president biden: bluff on the table? >> why not sanction him today, sir? why not sanction him today? >> mr. president, you detailed swift and severe new sanctions and sets the impact they will have over time, but given the full scale invasion, given that you are not pursuing disconnecting russia from the swift international banking system or others at your disposal, respectfully, what more are you waiting for? >> president biden: specifically with the sanctions exceeding swift. they exceed everything stomach anything that has ever been done. the sanctions have generated two-thirds of the world joining us. they are profound sanctions. let's have a conversation in another month or so to see if they are working. >> can i ask you about zelenskyy? you spoke to volodymyr zelenskyy yesterday. what is the risk that we are watching the beginning of another cold war, and as they now a complete rupture in our relations? >> president biden: there is if they continue on the path thereon. in terms of the cold war, that depends. you have the vast majority of the rest of the world in total opposition to what he's doing, from asia to south america to europe, around the world. it's going to be a cold day for russia. the idea that you do not see a whole lot of people coming to his defense. >> to follow up, sir, are you urging china to help isolate russia? >> president biden: i'm not prepared to comment on not at the moment. yeah? no, no. he has had his hand up a long time to get >> thank you, mr. president. how concerned are you that putin wants to go beyond countries other than ukraine, and we will have to get involved? >> president biden: we will be involved. the only thing i am convinced of is -- if we do not move against him now with the significant sanctions -- look. every -- well, anyway -- >> anything more about your conversation? mr. president, mr. president -- why not sanction putin directly? >> president biden: i can hear you. >> is india fully with you on the issue of ukraine? >> president biden: the defense department of the united states -- >> is india fully in sync with the united states on russia? >> president biden: we are going to be. we are in consultation with india today. we have not resolved that completely. thank you all very much. [overlapping voices] >> john: taking a number of questions. saying let's wait another month or so to see if it's working. saying that there is a complete rupture in u.s.-russian relations as long as this continues. also saying putin on what has ultimate goals may be. if he does move into nato countries, we will be involved. concerned that if we don't move now, he will be emboldened to do that. let's hope it does not come to that. >> sandra: bret, a lot to take in their pure no plans right now to speak to vladimir putin. this idea of swift and kicking putin out of swift seems to be growing. many questions from reporters about that because he did not make any announcements on that front. always an option. do you believe the world is going to interpret his moves as going far enough to stop putin? >> we will see how the world reacts. the president saying that the sanctions today exceed swift, taking rush out of that. we will see if that is accurate or not. they sanction specifically deal with russian banks. they deal with oligarchs and their family members. that is significant. there have been republicans like lindsey graham and others who have been calling for the specific sanctions. they are in the batch. a number of different efforts, high tech imports that affect russia's space agency. that is a national moment of pride. he said every asset they have in america will be frozen. interesting that he was asked about have you talked to china in an effort to isolate russia? and he said he is not prepared to comment on that as of yet. john, to your point, he said let cn a month or so whether these things stick. if the effect of the sanctions is what we want, whether it will weaken the country and he will become a second rate power. now the people of ukraine, i'm not sure are ready for a month or so to wait and see if the sanctions work. and i think you're going to have this building pressured to do something that changes putin's attitude towards moving on kyiv. >> john: we heard from some ukrainians today, and, our intrepid reporters over there interviewing some folks on the ground, suggesting that they hope this is over in a few days. if putin can be turned back in a few days, but if the president is talking about a month or longer, the effect that is going to have fun inflation and oil and gas prices and the stock market that you see ticking down around 524, 523 now if you're coming up a little bit. so perhaps the market did not see as much doom and gloom as we are thinking earlier. bret, that's a long time to try to wait this out on such a major scale, particularly with all of the unknowns associated with this. >> i think the biggest question, and he dealt with it slightly, what are putin's intentions beyond this? if he takes over in kyiv and install somebody. does he have ambitions beyond that? he suggested that putin does, and that is why he is beefing up security forces. i will just say one more thing. this is not insignificant. the sanctions on oligarchs and family members. there are a number of them in the u.s. there are a ton of them in london. there's a lot of real estate down in miami and london and all over the place that deals directly with russian oligarchs. if you don't think that that's going to affect different aspects of different countries, we will see. i don't think it's going to take a month for her to hit. >> john: thank you, bret. >> sandra: thank you, bret. back to kt mcfarland. i've got to ask you about swift because i think this is the thing that is growing and reporters asking multiple questions. why he didn't address the removal of russia from swift. we know that that is a big deal to be a part of 11,000 financial institutions, 200 countries involved. you remove russia, you isolate vladimir putin. that was not among the announcements. did the president go far enough? >> no, and i don't know what he's waiting for. we could have a coup. we could have a pro-russian government in kyiv. the only sanction that really makes a big difference is swift, keeping them out of the international banking system. why does that make a difference? russia sells oil to the world. if they cannot go through the international banking system, they don't get any revenue from it. it is isolating, blockading russia from being able to get revenue. >> sandra: but kt, on that note, it's important to say how he would have to weigh his options on making that decision. obviously it would not impact us as much, but they would be a lot of european -- they would be a lot of european countries who would be very, very upset about that. but explain. what is the balance in making that decision? >> you are right. here is the difference. we don't trade with russia. it doesn't make any difference to us. it makes a big difference to germany, france, they european countries which do buy russian oil. they do not want russia kicked out of the international banking system because that stops their ability to get russian resources. that is a sticking point. that has been a sticking point all along. putin not only get rich from natural gas, but he has immense political leverage over a year appeared we are not united. we are not seeing eye to eye with the european countries over this. >> john: you know, let me go back to what president biden said about swift. when asked a question about why he didn't pull that trigger. apparently let's re-rack the tape to listen to what he said. now apparently it's loading. let me just read it here. "the sanctions that were proposed are of equal consequence. may be more consequence than swift." he said "it's always an option, but right now it's not the position of the rest of europe which is to take the less punitive measures." swift was always seen as the nuclear option, particularly here in the united states, but it's the european union that saying no, we are not going to go that far. clearly they have huge concerns about what the repercussions of that could be. >> absolutely. it's not just that 50% of their energy. the russians could sell all of their oil and natural gas to china. they would probably make more money on it, but the europeans is the key here. if you are germany, are you really willing to risk 50% of your energy supply over ukraine? you are probably not. the hurt would not be to us. we don't trade with russia. it would be for the europeans. >> john: we are going to have to wait and see if putin were to put a puppet government in power as he had before and then withdraw his forces unsay i will be nearby but not in the country, how long with the european union held together with the sanctions before the increase in energy prices really started to bite them hard? nice to see you, kt. >> sandra: neil cavuto joining us now. we all just talk and the president's words live from the white house. after the president called this a dangerous moment for all of europe, he said nato will be convening a 30 nation summit tomorrow to map out the next move. jump into this conversation about not just the sanctions but the exclusion of removing russia from swift. because there was a lot of questions in the room about that and also why there is not a decision made to sanction vladimir putin directly. >> i think as your guest pointed out it is because i would hurt them too. swift gets a lot of attention. it is a fancy way of explaining how close to 200 countries on this planet conduct business. now iran and north korea are not part of it, but if you think about it, they have found other ways to bartering and smuggling and nefarious back channel ways of getting at, is to override it. but the fear seems to be that without exacting that punishment on russia, it is free to conduct business in the western tradition, if you will, of the financial system. that is something that is a little weird. some people think you have to kick them out. i liken swift to the way we wire money on this planet. you can wire from luxembourg and germany as well as the united states and get funds back and forth electronically. it is an easy system for nations to conduct business. at the core of thought and the lifeblood of international transaction, so if you remove that ability on the part of russia, that it can so to speak wire money, that means receive it or get it, they are kind of screwed. vladimir putin probably knew that that would do a lot of harm to certain players, especially those heavily exposed to vladimir putin. say nothing of what is going on now. eventually, whatever punishment and the way we are sidelining putin, he is going to come back again. regardless, the sense seems to be hopefully better than it is now. he would come back on the world stage, much like he did after the 2014 sanction imposed. so, sanctions don't seem to work for him. and i think he anticipated that as did much of the world. >> sandra: one simple way to put the removal of russia from swift would be a more immediate impact to your point about oil and gas for vladimir putin. 40% of all revenue for his country. so if he removed russia from swift, it would be a more immediate impact going back to the point that president biden said we will see where things are a month from now after imposing the sanctions he just listed. final question here, start drawing our attention to the bottom right portion of our screen. as a diligent trader always does, i looked where that doubt was right before president biden began speaking. it was down 635. i can most certainly below of the session. perhaps there's something that market is looking at here is not pleased wall street. this has been a pretty orderly sell-off. not a chaotic one. that's for sure if you'd >> i agree. i try not to read too much into the movements. we did come off of our lives. still dropping here. the dow jones industrial will into correction territory. the nasdaq and the bear market. much of this to do with a slight comeback in technology stocks here. amazon, apple, microsoft. what is interesting to point out here, though, and i think that's really in the end will come back to europe. and i look at how the futures markets trade, and while they are seeing clear pops and natural gas, oil all going up three, four, 5%, natural gas trading in your finished up 35%. in one day. so that indicates better than anything else their exposure to that. and ukraine is the breadbasket of the world. people forget the fact that it provides a lot of food to hear it. wheat and barley. corn. all of those prices up anywhere from two to three to 6%. i think what might play out as time goes on here, and we will see, there is one set of conditions and reactions for europe, but another for the united states. not saying that a contagion still is not possible, but that we might be shielded from it. the exposure to russia included, very limited. nevertheless, as we have learned, everyone gets battered. but as the dust settles, way too soon for a test of any kind to settle, the ceiling down my feelings seems to be that if your goal is to send the whole world into panic, that might be a bit premature. if your goal is to really stick it to vladimir putin, that is not happening either. >> sandra: really interesting. brought some come to the markets there. neil, may i say it's great to have you back. >> sandra, thanks so much. double, triple duty. i'm going to send you likes the marinara sauce or something. >> sandra: i will happily accept. it was an honor. >> john: some roma tomatoes. neil, great to see you. let's bring in martha maccallum, inc. care of "the story." we were led to believe that the threat of sanctions just might stop them from going into the country. the question is with what the president announced this afternoon with what he said early this week, is it enough to get him to back off? >> they talked all along about diplomacy and deterrence. we saw a massive amount of diplomatic effort here which obviously did not work. we saw deterrents that did not work. the question now is what are we trying to stop him from doing at this point? a number of military advisors throughout the day and people we have spoken with independently who believe that although the ukrainians are putting up a pretty good fight here, maybe a little bit more than people expected, ultimately they are no match for the russian military. we have already seen that they are taking over the chernobyl power plan. they have taken that area, the roads that lead to kyiv. we know that kyiv could fall in 48 hours. that's a pretty dark picture. what we heard today, basically two things. we will not put troops in ukraine. we will defend nato. that lays it out very clearly where the line is. he sees that, and he is within reach potentially of attaining the goal of toppling the government in ukraine. those are his goals. he is match this out pretty clearly. we don't know what kind of pain his people can take and whether or not they sanctions well turn them against him. we have seen protests in moscow, very brave on the part of those people. just one other thing i would say about the switch situation, you did hear questions about it in the briefing room today. it's very much on people's minds. swift and also sanctioning vladimir putin personally. the president said that he drew the line on those jericho things. we heard jack keane say that he was hearing some of the european neighbors, primarily germany, not ready to go there on swift. watch germany closely here because as much as we have heard about how they have never been closer, the real test is how that holds up in the weeks to come. germany holding the line on swift, keep one thing in mind in regard to their energy and oil relationship. the former chancellor of germany, the chairman of the other -- he is the chairman, the chairman. it also on the board of nord stream 2. these relationships go way back. angela merkel said she disapproved of him taking that position. but these are deep ties in terms of russia and they are difficult to break, given how dependent they are on russia for their oil. it is europe willing to allow putin to essentially take over ukraine? if they can keep the status quo. we will see. >> sandra: when they dangled the idea back in 2014 when russia annexed crimea, russia declared then kicking it out of swift would be equivalent to a declaration of war. obviously an indication that this is where and how you could hurt vladimir putin the most. i was just digging up some of the stats on swift and recorded 42 million messages per day in 2021 because that is what this is. a message alert system that goes between 11,000 financial institutions and 200 countries. it was up 11% in 2021, but what is interesting, in 2020, russia accounted for 1.5% of all transactions on swift. that is still billions of dollars on a big deal for vladimir putin but just to put it in perspective. >> is crazy a point that out because one of the things we have seen russia doing, changing the denomination from dollars into rubles. and these systems, we also know and just think back to that moment where president xi and vladimir putin stood side-by-side at the olympics and issued this very strong statement saying stay out of our business, stay out of the things we do in our region. do not interfere with us. we know that they have felt much stronger ties in terms of energy. supplying them with a energy. pretty good relationship. they have anticipated so much of this, and they have been working to alleviate the pressure on themselves and the potential sanctions over a long period of time. he has had his eye on ukraine for decades. he wants to right what he sees as the wrong one his leader was ousted. remember what he did to victor you yushenko. thankfully he was able to recover. but there is very little that they would stop at to carry out to make sure that it's no longer a western looking country. whether they can get away with that remains to be seen. >> sandra: i will let you get ready for your hour coming up. we will see you then. >> john: we are speaking with general jack keane for more on all of this. we've got up on the screen, i believe you can see this, a map of the areas of ukraine where the russians have been attacking with ballistic missiles, rockets, with artillery fire as well. something i want to ask you about, here is kyiv right here. i will do this in blue. the river comes up and goes into belarus. this area is the chernobyl exclusion zone which we understand from ukrainian officials is now in the hands of the russian military. tell us what the significance of that is can't >> there is no significance whatsoever. the reality is that there is an attack taking place on the ground. one of them is where you suggest, coming out of belarus and kyiv here they are actually on the east side of the river. yeah. ukrainian forces slowed that advance down. the fact is that ukrainian forces are slowing the advance on three avenues. that one there, the other one over by kharkiv coming out of the russian border and also in the donetsk area. the reason for this, and our analysis, coming out of crimea, that has gone about xt k. that is from the southern approach. you got it. that is succeeding unimpeded. when we do the analysis of it, did not come anywhere near the scale that we thought was necessary to deal with ukrainian military deployment in the capabilities they do have. it is a fact now that we know they have not even taken out all ukrainian airpower infrastructure which is quite stunning to us. number two, it shows that given the resistance on the fact that they have been able to slow the advancement now in three axes. that tells us that it was then inadequate. we thought there would still be more than that. thought that there could still be more. to be engaging again tonight with preassault fire. we have said before that we applaud that resistance that has taken place here. eventually the over match is going to take over in terms of russian capability. they are not 10 feet tall. they have execution problems. this is a very ambitious, complicated campaign plan that they have put together. it is not surprising that they are having some issues associated with it. listen, that happens in most operations and it happens to americans as well. >> john: we are running short on time here. i just want to bring up another point here. the president was asked about this, about the nato nations that surround ukraine. and he said and vladimir putin where to go into a nato country in the native countries here are latvia, lithuania, slovakia, hungary, romania, and on down. if he goes in this way, or comes up through belarus, then the u.s. is going to have to get involved. the president set i'm concerned that if we don't stop him, he is going to be emboldened. and then we will see that possible scenario of russian forces moving into some of these former warsaw pact countries which are now members of nato and then the whole calculation changes. what's the possibility that's been on, even if he has his eye at the very least on the baltics, can be stopped here in ukraine? >> on the surface of it it doesn't make any sense for putin in terms of operations against nato countries and executing article five against him. the impact it would have on his country and his people would be catastrophic. but let's face it. i think this is an overreach by putin in terms of what he's doing in ukraine. i understand why people have concerns about the implication that eventually he could get around to undermining particularly the baltic states and the one greatest concern there is lithuania. in the future. and certainly we've got to get it in his head that that's not going to happen. but given his remarks, i just want to make a comment on that. i thought the tone was not what it should have been. i thought he should have made a statement to the effect that we are united with the international community, and we are not going to let this stand, that russia is taking over an independent country and imposing its will in changing the world order. we will do everything in our power, even though it may take some time, to correct this wrong. we are right back where we were before in terms of sanctions and not knowing exactly was taking place. there should be the follow-up briefing, john, by the treasury department and the state department. get into the details of the so the american people have a right to know what's happening here, given the national security and foreign policy implications. >> john: general, one very brief answer from you because we want to go to jen griffith. we talk about how long this coalition can hang together. i want to draw a couple of other things on the map. coming down from here into germany is not just the nord stream 2 pipeline but the existing nord stream 21. and another one sort of comes in this way and goes over. that's a lot of flow of energy just into germany. how long can these nations hang together in your estimation if russia were to say i have their shot off the gas or the price became so high that it would squeeze all of these nato nations without the possibility to go through other sources? >> well, you're looking at one of the major strategic problems that they have. they created that themselves. they created this dependence on russia. and it's an absurdity. we are still buying 17 million barrels of oil -- >> john: how long could they hang in before they say it's too much? we've got to let putin have whatever he wants in ukraine. >> i think the impact on european economy and the approach to universal sanctions coming from them will be pretty similar. i mean, that's just the reality of it. this independence that you have very well drawn out here is an indication of why. >> john: general keane, always good to have your analysis. hang in there with us. sandro. >> sandra: fox news alert, brand-new information on troop movement into germany. jennifer griffin has got that lie from the pentagon for us. what do we know? >> we have learned a little bit more about the announcement that president biden made that 7,000 u.s. troops would now be deploying to germany. those are among those 8500 troops, remember, that the pentagon put on standby order a few weeks ago. they will be coming from the united states. that is a new development. the trips that have moved in recent days are already based in europe. that 1,000 or so, they were coming from italy, but they will be coming from the states, and they will go to germany where, remember, the head of the 18th airborne is there. he will oversee these troops. then we will see whether they move forward to the eastern plank. we have already seen the u.s. put 35s into terkel baltic states as well as into romania. these are significant moves to give confidence to poland and the baltics and to send a message to putin not to move forward. the problem is the kind of threatening tone that the pentagon heard from putin last night, that veiled threat that suggested a possible use of a nuclear weapon if nato or the u.s. were to move forward, putin was very menacing in those remarks last night. now it is going to be up to nato. the 30 allies are meeting tomorrow in brussels. the u.s. will be a part of that. well they call for the 40,000 nato response force to be activated? they would fall under general todd walters, the u.s. european commander who is supreme and ally and commander right now. i know from everything i had this morning that general walters was on a security teleconference video call with general milley and defense secretary alston this morning before he went over to the white house to meet with the national security council to brief president biden. you can expect general milley to join on capitol hill about 6:30 today. they will be briefing lawmakers -- what we are told is that this is the initial phase of president putin's move to retake ukraine and those tank forces, special forces. they are encircling kyiv as we speak tonight. i would expect to see more air strikes more ballistic missile strikes tonight. this is far from over. back to you. >> sandra: alert our viewers who have been watching the markets. the u.s. market seem to be making a big comeback. the s&p 500, it has just turned positive. i want to point that out and finish with this question to you, jen. we just discussed this a moment ago with kt mcfarland. president biden, when asked why not go the route of swift, these sanctions exceed swift and then went on to say and put a timeline on measuring the success of these sanctions, saying give it a month or so, and we will see if it's working. that was an interesting moment. what did he think of that? >> i think it's very interesting. what you are witnessing here is the president building a very complicated coalition. it reminds me very much of what president bush had to do in 1991 during the first gulf war. it was very -- the groundwork has been laid for a very complicated coalition. what you heard the president say is that european allies will be hurt most by these banking sanctions that are being put into place. they requested that the u.s. and europe not use the switch sanction, which is kind of known as the nuclear option off the bat. what you see is britain and the united states cutting russia off from their financial markets. they are going to see in a month how much that squeeze is russia. you mentioned how the u.s. stock market is already coming back a bit. russian markets, not so much. it lost half of its value overnight. >> sandra: thank you very much, jen. >> sandra: we need some analysis as to why the market is doing what it is doing. you can guess a number of things, but i would like to hear an expert. >> sandra: anticipation of the fed's next move. i will give you a hand. >> john: just wondering if this idea of russia taking over ukraine is already -- >> sandra: will get immediate analysis. we've got steve moore joining us and also robert wolf. we will have them digest that in just a moment. >> john: i will be looking forward to hearing what they have to say. joining us from western ukraine. he's got the latest on some air strikes. what's going on? >> you talk about the three tracks that the russian military is taking. coming down from the northern border with belarus. you also have russian armor that has come in from the eastern border heading west towards the city of kharkiv, and that is where we have seen some of the most intense fighting. what we have a some video of an apartment building that was struck apparently by an air strike. not a lot of fresh information and difficult to tell how much there was in terms of casualties from there or anywhere. but it is an example of collateral damage and some of the first examples of that kind of collateral damage that we are seeing with this very intense invasion. to the western part of the country, we have the opportunity to talk with people. this very remarkable situation where they woke up in the middle of the night to find out that their country is indeed being invaded us so many people had feared. what we found from these people, although it has the appearance of business as usual, people hustling out to their jobs. we had tremendous results with better and think they are going down to the office to volunteer to fight. some people saying no matter what happens, the ukrainian people will fight. it is not like it was in 2014. it is not like when the russians rolled into crimea in a really without consequence were able to take control. this is a time when people are swearing that they will fight. you have the national police handing out weapons to all the veterans. they say they are very willing, in fact committed, to the fight here. >> john: russia has got an awful lot of armor headed their way. mike, thank you. >> sandra: let's get back to the white house. peter doocy, you just had a chance to question the president. you got a few questions in there. one that stuck out to me, you confident that they will be as strong as russian bullets, missiles, and tanks? he immediately qualified, and ukraine. >> asked, and something else that stood out from the president's comments, as he tries to explain that people should not believe anything the russians are telling the world about their intentions going into ukraine. the president is now explaining why he thinks putin is doing it, and he saying that putin -- putting it out there that putin wants to return the european map -- redraw the european map to what it looked like before the cold war. listen to this. >> did you underestimate putin, and would you still describe the hand of the way that you did in the summer as a worthy adversary? >> at the time, i made it clear he was an adversary, and i did not underestimate him. i read most of everything he's written. did you read that -- i should not say -- not trying to be a wise guy. the speech that he made, why he was going into ukraine. he has much larger ambitions then ukraine. he wants to infect reestablish the former soviet union. that is what this is about. >> and that is a big headline. so was the fact that this administration is sticking with sanctions as a response to what russia is doing, even though the president admitted that putin is not just going to stop suddenly today and say oh, no, sanctions, i need to change my behavior. sandra. >> sandra: you got it. peter doocy, thank you very much. as promised, and our econ panel is joining us not to digest this moment. stephen moore, robert wells. i like to tell everybody that you use to run ups. but he also oversaw the major bank globally. big discussion today obviously is sanctions. and whether or not the president is going far enough with the sanctions he just imposed on russia. >> i thought obviously your conversation with bret and neil covered a lot of it. it's not up to president biden. the swift bank is neutral. it's run by the g10 plus the european central bank. so there is actually over 25 more members as you mentioned. so it's not something that president biden can just put the hammer on and say yes, we are unilaterally banning them. that would be the hammer as well as combining it with control, which i would say president biden -- did not go fully there because fully there would be where we have export control, banning everything the u.s. does and everything russia is importing that has any u.s. type. we still have a few more hammers. anything we deliver and that we are part of as well as the swift, which would really just cut them off of any type of really -- 80% of their financial transactions. >> sandra: is steve moore with us? >> i'm here. >> sandra: give us your reaction. we are waiting to see -- the president says it is going to take a month before we know if the sanctions we impose today are working to deter vladimir putin. >> just a couple of quick reactions, and i agree with what robert wolf just said, but i would like to see in this arsenal that we use, and that's really did not come up in the press conference, why not say i made a mistake? we should be building the pipelines? we should be increasing american energy production because that is probably the single best way to hurt the russians and to kurt putin, to produce more oil and gas at home, and i was not brought up. the second point is it is going to be fascinating to see, sandra, what the federal reserve board does because they have been talking about raising rates, which is something i have supported. now that you've got this herky-jerky stock market, rising oil prices, the economy is looking more fragile. what does the fed do? do they raise rates in this kind of environment where we just don't know where the economy is headed? >> sandra: you such a great point, and whether or not we can face a recession as a result. john just said he wants somebody to give his analysis of the stock market today. it is something to watch. it has been down 700 points or so earlier. it was down 634 before the president started speaking. now it is only down 289, and the s&p 500 turned positive. what is the interpretation here? >> they did not use the ban on swift with russia. they did not go the full way. said i didn't have any contagion on the global financial institutions. inc. of swift, sandra. email me to venmo globally. if you don't have that, then the transfer of payments just is not going to happen. so much of europe is dealing with russia because of natural gas and oil exchange. this would have had a contagion effect, and i think the market likes that that was not yet done, although i think a lot of people wish that president biden and the g10 put the hammer down. >> you are just mentioning that in the whole financial scheme of things globally, russia isn't really that big of a trading partner or international powerhouse when it comes to finance. they are important when it comes to energy markets. i think that explains a little bit of why the markets have not reacted more negatively. >> it is unlikely we may see 50 basis point hike now in march. >> sandra: that's where i think a lot of -- >> at least we are in agreement. but the problem still is with the price of oil at $100 a barrel, russia actually benefits from higher oil prices. i'm just frustrated that were not producing more at home because it would really reduce the stranglehold that russia now has on europe with respect to energy. >> sandra: also going back to neil's point about what a major exporter of agreeance you to have. kind of goes back and forth. major corn and wheat exporter. thank you both for your analysis on that. looking forward to it. there you have it. resource rich. that is for sure. thanks to both of you. john. >> john: all right, let's bring in national security advisor to president trump. swift seems to be the word of the hour. you heard the president did not go as far to pull the trigger on swift because he did not have agreement from our allies in the european union. they did not want to go for what has been known as the nuclear option which would be the most punishing sanctions on president putin. i'm wondering what happened to the solidarity, or are they too afraid of backing putin into a corner here, that he might really lash out? >> well, it's hard to say. he's already lashed out. he has invaded a country on his neighboring border. we have not seen this in europe since 1938. the only thing we have seen like this is that on moving into kuwait. you now, the president's comments on his tone were good, and he recognize that putin has said what he means. he's going to reassemble the soviet union. come after the baltic states next few days already absorbed to belarus. i am heartbroken for the people of ukraine. i have been there. he's going to turn his attention to the baltics next. the rhetoric is good, but the response has been tepid. if you are not going to kick him out of swift, put full export controls on them, what are you going to do? fight it out in the streets on the alleyways, but you will eventually be overdone, and we are not doing anything to discourage vladimir putin at this point, so i hope there's a second round of sanctions coming out in the next day or so. >> john: in terms of lashing out, i'm suggesting is the european union was united in kicking him out of swift, there's a lot of things that he could do beyond the borders of ukraine. cyber, energy, what not to make european lives very difficult. you think that he's got his sights set on the baltics next? because that would really change the game here as it would invoke an article five response from nato. >> that's what he said. he actually also talked about finland being part of -- >> john: he tried that. >> did not work out very well. soviet soldiers in the arctic. we've got to immediately go to finland and sweden right now. i have gotten out that coming out -- i think it got posted earlier. we need to invite them to join nato. they have seen what happened in the ukraine, that this is a brutal dictator who is going to conquer his neighbors. they have a capable military. that would penalize putin by strengthening nato. what he wants to do is drive a wedge between us. we have got to get tough with our german partners. germany is opposing this. move our troops out of germany except for the hospitals. move those frontline troops into romania, poland, slovakia, put them on the border. show putin that what he had obtained is a stronger nato with mark frontline american troops on the border. we need to start picking up those oligarchs. take a close look at his personal wealth around the world. no one is suggesting we put combat troops into ukraine, but we need to do something to help ukrainians who are fighting for their lives. the presence rhetoric was good, but the policy prescription given by his advisors unfortunately, not going to do . >> john: xi jinping and putin are looking at this and saying why shouldn't we take it ukraine? why should the chinese not take taiwan? if this is response that we are going to see. >> john: only a couple of miles smaller than taiwan itself. in putin seem to take that territory pretty easily. i know that you believed, from what he said, that he wants to go beyond ukraine. what do you think the immediate goals are? to annex it as he did in crimea or to install a pro-russian puppet government? >> i don't know if he will withdraw forces, but i assume he'll try to put a puppet government into place. that is what he did in georgia, moldova. it is what he did in the donbas region. i did an interview earlier this week and said we've got to recognize the legitimate government of ukraine to the extent that ukraine falls, do our best to evacuate leaders, set up a government in london, warsaw, make sure that they retain their seats around the world, and we need to support the legitimate government and not recognize the puppet government, not do any business with them. not allow putin to get away with this. one of the primary ways to do this is to treat them the way we treated the baltics in the postwar. matt, where they stayed in place for almost 50 years until latvia, lithuania received their independence. we need to do the same thing with ukraine. and there legitimate representatives. >> john: a lot longer than the month that the president talked about. always good to catch up with you. appreciate it. >> good to see you, john. >> sandra: prep rail and joining us. a former obama white house director of engagement. thank you very much. we are all trying to digest what we heard from the president while watching the domestic reaction here. also watching the reaction around the club. i have a question for you, and perhaps you have the answer to this. if russia was kicked out of swift, if the zone happened to robert's point about the u.s. cannot make that decision on its own, would we be able to continue our purchases from russia, or with that obviously go away if that were the case? did that play a part in the decision not to remove russia? >> there's a whole lot of potential implications for trying to withdraw to russia from swift. not least of which is the potential thought russia and other countries like china may go and try to set up an alternative system. russia has been working on workarounds for the last seven years or so, knowing that these kinds of sanctions are coming. that being said, i have to say when i heard from president biden just now sounded a lot like trying to issue a parking ticket in the middle of a riot. we have to get far more serious about slapping sanctions and taking other significant steps to punish putin for what is the most serious threat to global security since the cold war. >> sandra: can you give us an example of how he could have gone further? >> several. one would be to go after putin personally. this is a point that has been resisted since i was in the situation room back in 2014 when he first invaded crimea and later luhansk and donetsk. i think we have to make it personal. we have to reveal intelligence that we've got about some of his corrupt activities. we have seen russian on the streets of st. petersburg, moscow at this hour. i think we have to look at how can we amplify some of their complaints? some of their frustration with leaders. that is where putin is weakest. >> sandra: okay, brett bruen joining us. we appreciate you hanging out with us through the breaking news. >> john: one last guest here on "america reports." fox news contributor dan hoffman. when you were stationed in moscow, one of your tasks was to get inside the head of the russian leader. take us inside his head. what is he thinking? how far is he going to take this? emac clearly he found that ukraine was enough of an existential threat he's going to risk spilling a lot of blood and treasure. one of the things i hope they were asking our intelligence community, where can we put the sanctions that will most likely result in some impact on vladimir putin's behavior? economic measures by themselves are just not going to do it. i'm concerned that we've got for some soft targets. oligarchs who have no access to his inner circle. everyone is concerned that we have not taken the really hard approach to target putin really personally or putin for example. those are things that i think would have had much more of an impact if we have provided ukraine with the right military assessment, that would have helped. putin is weak. then we might have thought. he's taking a great risk here, given the likelihood that he may be involved in an insurgency. i think it's one of the reasons why he is threatening the u.s.-led nato alliance because to be successful, he need sanctuary. we learned that from iraq and afghanistan, and not countries most likely are nato countries on the border. >> john: did he really believe that ukraine was an existential threat? or did he just to take his place among the grand czars of russia by getting the soviet union back together again? purely an ego moves. was ukraine threatening russia? i don't recall it was. >> nato has never threatened russia, but our ideals, freedom, liberty, democracy. that is what scares him. he cannot have a country like ukraine building a democracy that is linked to the west economically. i think that is the element that is an existential threat. i will not rule out that he is cognizant of his legacy, that he may have overstretched just like someone else to buy invading afghanistan. that invasion put a lot of nails and the evil empire's coffin. that is a risk that he is taking. >> john: we will get you back to get back inside putin's head. sandra. >> sandra: rationale from around the world. benjamin hall joining us. >> yeah, hi, sandra. diplomacy is taking a backseat. an official said although there is willingness on the u.s. side for more dialogue, no willingness for the russians to have a fair and open dialogue. they say that it is moving to a different phase, the phase of deterrence. they are in lockstep with their allies around the world. there was some concern about whether there was a disagreement. the russian gas sectors, relying so heavily on that. i want secretary down my country we were all waiting for was china. china came out quite forcefully, really condemning the u.s., saying they were warmongering. 100 million tons of russian coal, so they european allies very much in lockstep, hedging bets right now, but interesting that they are now making it clear that there is no room for diplomacy. that window for now they say is closed. sandra. >> sandra: benjamin, thank you. some video coming into us. >> john: as americans prepare to live out the rest of their day and go to bed tonight, here is how folks in the capital city of b12 are doing it. they are in a subway station huddled against russian bombardment. >> sandra: and have been there

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