Joe Biden is expected to unveil new sanctions targeting Russia's economy as part of measures to bolster Kyiv's war effort before Donald Trump takes office.
Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation
“It is probable gas prices could increase as much as three, four cents a gallon,” Biden said. But he added that the sanctions would have a “profound effect on the growth of the Russian economy, making it more difficult for Putin to conduct his wars.”
U.S. President Joe Biden and Ukrainian President Volodymyr Zelenskiy discussed on Friday Washington's support for Ukraine, new U.S. sanctions against Russia and boosting Ukrainian air defenses, Zelenskiy said.
The US president also insisted he could have beaten Donald Trump during a wide-ranging press conference just days before he leaves office.
January 20 will see the conclusion of the most extraordinary episode in the history of the American presidency. For the last four years, the supposed president, Joe Biden, has been the man who
U.S. President Joe Biden said on Friday he did not believe his decision to run for re-election paved the way for President-elect Donald Trump to win in 2024 and indicated he is still considering pre-emptive pardons for people whom Trump has targeted.
President Joe Biden is calling for tighter cybersecurity standards for federal agencies and contractors in a new executive order due to be published in the coming days, pushing reforms designed to address repeated Chinese-linked cyber operations and cybercriminal operations,
The outgoing president emphasised the high human cost of Russia's war and the need to keep Western nations united in their support for Ukraine.
The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe Biden leaves the White House to be replaced by Donald Trump as president.
US President Joe Biden remarked Friday (Jan 10) that Russian President Vladimir Putin was in a “tough shape,” as the United States and Britain imposed sweeping sanctions on Moscow's energy sector over the warring nation's invasion of neighbour Ukraine.