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Russia-Ukraine Crisis Live Updates: Western Allies Agree New Financial Sanctions Against Russia

Russia-Ukraine Crisis Live Updates: Western Allies Agree New Financial Sanctions Against Russia

NDTV
Sunday, February 27, 2022 01:41:51 AM UTC

Russia-Ukraine Crisis Live Updates: With Ukrainian forces resisting the Russian advance, Western officials say there is a genuine interest in ensuring President Vladimir Putin pays the maximum price for the invasion.

Western allies on Saturday agreed on a new volley of financial sanctions against Russia over its invasion of Ukraine, including taking the key step of banishing a number of Russian banks from the SWIFT interbank system.

In a joint statement, the White House said the group of world powers were "resolved to continue imposing costs on Russia that will further isolate Russia from the international financial system and our economies."

With Ukrainian forces resisting the Russian advance, Western officials say there is a genuine interest in ensuring President Vladimir Putin pays the maximum price for the invasion.

Ukrainian officials said 198 civilians, including three children, had been killed since Russia invaded on Thursday, and warned Russian saboteurs were active in Kyiv as explosions rocked the capital, forcing residents to flee to safety underground.

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