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Yellen Speaks On Russia Sanctions

US

US Treasury Secretary Janet Yellen is delivering an address to the Atlantic Council regarding the sanctions placed on Russia, as well as US relations with China.

  • Livestream:https://www.youtube.com/watch?v=Y0Yuyii3wKg&featur...
  • Yellen: "The Kremlin will be forced to choose between propping up its economy and funding the continuation of Putin’s brutal war...When Russia made the decision to invade Ukraine, it predestined an exit from the global financial system."
  • Yellen: Countries supporting Russia are making 'shortsighted' decisions, "Let’s be clear, the unified coalition of sanctioning countries will not be indifferent to actions that undermine the sanctions we’ve put in place."
  • Yellen:“The world’s attitude towards China and its willingness to embrace further economic integration may well be affected by China’s reaction to our call for resolution action on Russia....China cannot expect the global community to respect its appeals to the principles of sovereignty and territorial integrity in the future if does not respect these principles now when it counts."
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