January 29, 2022
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3:15Now PlayingThe Biden administration's plans for sanctioning Russia if it invades Ukraine again are taking shape.
US institutions would be prohibited from dealing with major Russian banks and state companies, according to media reports. The Biden administration is also considering banning trading in Russia's government debt and blocking the export of key items like microelectronics. President Biden has promised 'severe' economic consequences for Russia and President Vladimir Putin personally in the case of an invasion.
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