economy and russian forces continue their relentless attack on civilians, many of whom are simply trying to flee the war at this point. let s begin our coverage with cnn white house correspondent john harwood. he s live in the white house briefing room and here with me is cnn economics and political commentator catherine ranpal. a big change from days ago. what s gone on behind the scenes? reporter: what s gone on, kate, steadily over the last days of war, the window of possibility for what the united states, the european youunion a nato are willing to do widening with russian atrocities. starting with a milder set of economic sanctions, those are steadily gotten more severe, sanctions on the russian central bank, on major russian financial institutions, oligarchs and now this step, the allies have been especially reluctant to take
The U.S. responded to the Russian-Ukraine conflict by blocking certain Russian financial institutions and individuals, and imposing varying degrees of sanctions prohibitions on other listed Russian banks and entities, pursuant to the 50 Percent Rule.
In February 2014, the Revolution of Dignity or Maidan revolution in Ukraine resulted in the ousting of Ukrainian President Viktor Yanukovych. In the months that followed, Russia annexed.
New Sanctions Also Authorized on Russian Financial Institutions, Elites, and Sovereign Debt, with UK and EU Sanctions to Follow - The Biden administration announced.