• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Ukraine: Russia Says It Has Prepared Package Of 'Retaliatory Sanctions'

Home> News

Published 16:04 25 Feb 2022 GMT

Ukraine: Russia Says It Has Prepared Package Of 'Retaliatory Sanctions'

Russia is preparing a package of retaliatory sanctions

Shola Lee

Shola Lee

Russia is preparing a package of retaliatory sanctions following yesterday's announcements of sanctions from countries across the world.

The US, UK and European Union all imposed tough economic sanctions on Russia in the wake of President Vladimir Putin's order to invade Ukraine yesterday, February 24.

Now, according to Dmitry Peskov, the Russian presidential spokesman, a package of retaliatory sanctions has been prepared.

Advert

Vladimir Putin (Alamy)
Vladimir Putin (Alamy)

Peskov said, 'Of course, we will follow up with retaliatory measures,' and noted that Moscow is aware of the West's weaknesses, as per Sky News,

He added that the restrictions still needed to be analysed but that 'during this analysis, the main concern will be our own interests. That is, we will act solely based on our own interests', according to the TASS news agency.

The news comes after Western and global leaders announced a wave of some of the toughest sanctions ever imposed.

Advert

Boris Johnson (Alamy)
Boris Johnson (Alamy)

UK Prime Minister Boris Johnson told the House of Commons that the government would impose 'the largest and most severe package of economic sanctions that Russia has ever seen'.

The sanctions are set to exclude major Russian banks from the UK's financial system, with Russian oligarchs also being targeted, as per the BBC.

In addition, Russia's national airline, Aeroflot, will be banned from landing in the UK.

Advert

Johnson also said that the G7 group of world leaders is working together to 'maximise the economic price that Putin will pay for his aggression'.

Following a meeting with fellow G7 leaders, US President Joe Biden gave a public address yesterday to explain the US sanctions against Russia.


Advert

Biden said, 'We have purposely designed these sanctions to maximise the long term impact on Russia and to minimise the impact on the United States and our allies.

'We have now sanctioned Russian banks that together hold around one trillion dollars in assets,' Biden added.

He went on to say that the US will be 'adding names to the list of Russian elites and their family members that we're sanctioning as well'.

There was criticism in the days leading up to the Russian invasion, with some arguing sanctions were not being imposed fast enough and didn't go far enough.

Advert

The new sanctions are set to hit Russia harder, with leaders in the West continuing to extend their support to Ukraine.

If you would like to donate to the Red Cross Emergency Appeal, which will help provide food, medicines and basic medical supplies, shelter and water to those in Ukraine, click here for more information 

Featured Image Credit: Alamy

Topics: World News, Russia, Ukraine, Joe Biden, Boris Johnson

Shola Lee
Shola Lee

Shola Lee began her journalism career while studying for her undergraduate degree at Queen Mary, University of London and Columbia University in New York. She has written for the Columbia Spectator, QM Global Bloggers, CUB Magazine, UniDays, and Warner Brothers' Wizarding World Digital. Recently, Shola took part in the 2021 BAFTA Crew and BBC New Creatives programme before becoming a journalist at UNILAD, where she works on breaking news, trending stories, and features.

Advert

Advert

Advert

Choose your content:

6 hours ago
7 hours ago
9 hours ago
  • 6 hours ago

    Experts reveal why millennials are abandoning organized religion and what they're doing instead

    Americans are becoming increasingly disassociated with traditional religion, according to a new study's in-depth analysis of millennials

    News
  • 7 hours ago

    Underrated Jennifer Lawrence movie that fans say is 'the best they've ever seen' is leaving Prime very soon

    The movie saw Jennifer Lawrence get her first Oscar nomination

    Film & TV
  • 7 hours ago

    'Cause' of tragic nightclub roof collapse that killed 236 people revealed as owners are arrested

    The roof of the Dominican Republic-based club collapsed in April

    News
  • 9 hours ago

    Rare resurfaced interview with man who survived 9/11 from 72nd floor as same tower collapsed behind him

    The man was speaking to a journalist when the tower he'd just been in crumbled in front of him

    News
  • Trump claims he's responsible for ceasefire between India and Pakistan while taking subtle swipe at Russia and Ukraine
  • Ukraine: Russian Government Official Issues Warning Over Sanctions
  • Boris Johnson Banned From Entering Russia After Receiving Major Sanctions
  • Ukraine: Everything That Happened On The First Day Of Invasion