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Biden: 'SWIFT Sanctions Not Included At This Time'

WHITE HOUSE

Biden: 'I have no plans to talk to Putin.'

  • On SWIFT: Biden: 'The sanctions on all their banks have equal or more consequence than SWIFT. At this time sanctioning SWIFT is not an option Europe wants to pursue.'
  • Biden: 'The sanctions we have imposed today exceed SWIFT. They are profound sanctions. Lets talk in a month a see if they are working.'
  • 'I did not underestimate Putin. He wants to re-establish the former Soviet Union.'
  • Biden says he believes that sanctions are as effective as Russian military aggression in Ukraine. He says that they will weaken his country to such an extent that Putin will have to choose whether he wants Russia to be a beta power.


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