US Imposes Sanctions After Putin Recognizes Breakaway Ukraine Regions
WASHINGTON (CBS NEWS) — President Joe Biden signed an executive order Monday imposing sanctions that target two Russia-backed breakaway republics in eastern Ukraine in a swift response to Russian President Vladimir Putin's decision to recognize the regions as independent.
The order bars "new investment, trade and financing by U.S. persons to, from, or in" the so-called Donetsk People's Republic and Luhansk People's Republic, located in Ukraine's eastern Donbas region, White House press secretary Jen Psaki said in a statement.
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