Today: 8 October 2025
25 February 2022
2 mins read

China cannot cover for impact of sanctions on Russia: White House

When asked whether the US was prepared to accept refugees from Ukraine, Psaki said, “We are, but we certainly expect that most, if not the majority, will want to go to Europe in neighbouring countries.”…reports Asian Lite News

China cannot cover Russia for the impact caused by the US and European sanctions, said White House spokesperson Jen Psaki on Thursday.

“[China] they cannot cover what the impact of the sanctions that have been announced in coordination with Europe would, how they would impact Russia,” Psaki said during a press briefing.

This comes at a time when Russian President Vladimir Putin recognized the independence of Ukraine breakaway regions following which Biden has imposed “severe” sanctions on Russia.

When asked whether the US was prepared to accept refugees from Ukraine, Psaki said, “We are, but we certainly expect that most, if not the majority, will want to go to Europe in neighbouring countries.”

Furthermore, she said, “We are in conversations with Congress, and I mentioned the President spoke with leaders just earlier this afternoon. I don’t have an exact number, but those are ongoing conversations about what needs the Ukrainians have on the ground in a variety of categories: security, humanitarian, other economic assistance.”

Speaking on any nuclear threats from Russia, Psaky said, “[W]e don’t see any increased threat in that regard at this point in time.”

Biden on Thursday said that the US will introduce a new wave of sanctions against Russia in a broad effort to isolate Moscow from the global economy.

The new package of sanctions aims to cut Russia off from the US financial markets and includes freezing the assets of four major Russian banks, including VTB Bank, the nation’s second-biggest bank, Biden said Thursday.

“Today, I’m authorizing additional strong sanctions and new limitations on what can be exported to Russia,” Biden said. “This is going to impose a severe cost on the Russian economy both immediately and over time.”

“I just spoke with the G-7 leaders this morning,” Biden said Thursday afternoon. “And we’re in full and total agreement: We will limit Russia’s ability to do business in dollars, euros, pounds, and yen to be part of the global economy. We’ll limit their ability to do that.” (ANI)

ALSO READ: Pakistan and China move to takeover Gilgit-Baltistan

Previous Story

Beijing, Moscow discuss Donetsk, Luhansk recognition

Next Story

Biden announces sanctions against Russia

Latest from -Top News

India, Qatar Strengthen Trade Ties

Goyal expressed optimism about the growing economic engagement between the two countries, stating, “Glad to meet Ahmed bin Mohammed Al-Sayed….reports Asian Lite News Union Minister of Commerce and Industry Piyush Goyal met

OCTOBER 7: Stop the Violence Now, Says Guterres

Guterres recalled that “the attackers brutally killed more than 1,250 Israelis and foreign nationals….reports Asian Lite News UN Secretary-General Antonio Guterres urged an immediate halt to the violence in Gaza, Israel, and

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on
Go toTop

Don't Miss

Stay Alert, US Tells Citizens Abroad

Department of State advised US citizens overseas to exercise increased

‘Catastrophe’ : Russia on US presence in Afghanistan

The US mission in Afghanistan over the past two decades