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Biden Expands Russia Sanctions to Nord Stream 2, Its Officers

  • Biden imposed an initial set of sanctions on Russia on Tuesday
  • President threatens additional penalties if Russia escalates
Bloomberg business news
Biden Expands Russian Sanctions to Include Nord Stream 2
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President Joe Biden expanded sanctions against Russia on Wednesday, with new U.S. penalties hitting the builder of the Nord Stream 2 gas pipeline and its corporate leadership.

The penalties are on top of a package announced a day earlier by the White House after Russian President Vladimir Putin moved to recognize breakaway territories in Ukraine as independent states.