By Raf Casert and Aamer Madhani

With a military intervention in Ukraine off the table, and countries around the world looking to heap more financial punishment on Moscow, the United States, Britain and European Union said Friday they will move to sanction Russian President Vladimir Putin and Foreign Minister Sergey Lavrov.

The EU's unanimous decision, part of a broader sanctions package, indicated that Western powers are moving toward unprecedented measures to try to force Putin to stop the brutal invasion of Russia's neighbor and from unleashing a major war in Europe. British Prime Minister Boris Johnson also told NATO leaders during a call Friday that Britain would move to impose sanctions against Putin and Lavrov. The EU said it would move to freeze Putin's assets.

White House press secretary Jen Psaki indicated the U.S. sanctions will include a travel ban. President Joe Biden, who had previously said sanctions targeting Putin were under consideration, decided to make the move in the last 24 hours after talks with European leaders.

The U.S. Treasury Department is expected to release more details later Friday.

Psaki said the move is intended send “a clear message about the the strength of the opposition to the actions” by the West against President Putin.

Austrian Foreign Minister Alexander Schallenberg said the move would be “a unique step in history toward a nuclear power, a country that has a permanent seat on the Security Council, but also shows … how united we are.”

It was unclear what the practical impact on the two men would be and how important their assets in the EU were.

“I can assure you that if you got major assets and all of a sudden you can’t get hold of them, it will cost you,” said EU foreign affairs chief Josep Borrell. He did not provide details.

EU ministers have said that even further sanctions were still possible, including booting Russia out of SWIFT, the dominant system for global financial transactions.

“The debate about SWIFT is not off the table, it will continue,” Luxembourg Foreign Minister Jean Asselborn said.

Admonishing Russia further, the Council of Europe suspended Russia from the continent’s foremost human rights organization. The 47-nation council said Russia remained a member and continued to be bound by the relevant human rights conventions.

Undeterred in the game of punitive sanctions, Russia started its own tit-for-tat measures, banning British flights to and over its territory in retaliation to a similar U.K. ban on Aeroflot flights.

Russian authorities also announced the “partial restriction” of access to Facebook after the social media network limited the accounts of several Kremlin-backed media. Russian state communications watchdog Roskomnadzor said it demanded that Facebook lift the restrictions it placed Thursday on state news agency RIA Novosti, state TV channel Zvezda, and pro-Kremlin news sites Lenta.Ru and Gazeta.Ru.

Yet with the Kremlin's eyes fully targeted on expanding the attacks on Ukraine, almost of the action was still going one way.

The EU and other Western powers like the United States and the United Kingdom have agreed on a slew of sanctions targeting sectors from Russia's banking sector to its oil refineries and defense industry.

And just as Russia was making a pincer movement to choke Ukraine and its capital, Kyiv, Western powers were implementing measures aimed at "asphyxiating Russia’s economy,” in the words of French Foreign Minister Jean-Yves Le Drian.

Seeking to buttress its eastern flank, the NATO alliance held a virtual summit of government leaders, including U.S. President Joe Biden, later Friday.

In terms unheard since the Cold War, threats were flying from all sides and ran through society.

In a sign of papal anger, Pope Francis went to the Russian Embassy himself to “express his concern about the war," the Vatican said. It was an extraordinary, hands-on gesture, since usually popes receive ambassadors and heads of state in the Vatican. For Francis, the Vatican head of state, to leave the city state and travel a short distance to the Russian Embassy to the Holy See was a sign of his displeasure.

Putin’s invasion also had repercussions in the sports world.

The May 28 UEFA Champions League final, the Super Bowl of European soccer, was stripped from St. Petersburg and replaced by Paris after the involvement of French President Emmanuel Macron. Formula One also dropped this season’s Russian Grand Prix at Sochi in protest.

And in pop culture, the wildly popular Eurovision song contest also banned Russia from the May finals in Turin, Italy.

Action wasn't only limited to Western powers. Countries in Asia and the Pacific have joined the U.S., the EU and others in the West in piling on punitive measures against Russian banks and leading companies. The nations have also set up export controls aimed at starving Russia’s industries and military of semiconductors and other high-tech products.

“Japan must clearly show its position that we will never tolerate any attempt to change the status quo by force,” Prime Minister Fumio Kishida told reporters Friday while announcing new measures that included freezing the visas and assets of Russian groups, banks and individuals, and the suspension of shipments of semiconductors and other restricted goods to Russian military-linked organizations.

New Zealand Prime Minister Jacinda Ardern said “an unthinkable number of innocent lives could be lost because of Russia’s decision,” and announced targeted travel bans against Russian officials and other measures.

Taiwan announced Friday that it would join in economic sanctions, although it did not specify what those would be. They could potentially be focused on export control of semiconductor chips, where Taiwan is the dominant producer.

While most nations in Asia rallied to support Ukraine, China has continued to denounce sanctions against Russia and blamed the U.S. and its allies for provoking Moscow. Beijing, worried about American power in Asia, has increasingly aligned its foreign policy with Russia to challenge the West.

“The Chinese government is following through on easing trade restrictions with Russia and that is simply unacceptable,” Australian Prime Minister Scott Morrison complained. “You don’t go and throw a lifeline to Russia in the middle of a period when they’re invading another country,” he added.

___

Foster Klug reported from Tokyo. AP journalists across the world contributed to this story.

Updated on February 25, 2022, at 5:41 p.m. ET with details of sanctions on Putin, Lavrov.

Share:
More In Politics
Western Drought Worst In 1,200 Years
A new analysis reveals that for more than two decades, the West has been the driest it has ever been since 800 A.D. The drought which began in 2000 has brought more devastating wildfires and draining water reserves well below healthy levels. Climate Scientists and Adjunct Associate Research Scientist at Lamont Doherty Earth Observatory at Columbia University,Benjamin Cook, joined Cheddar to discuss more.
Economist Sees Six Rate Hikes in 2022 After High January PPI Number
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
U.S Chamber of Commerce Hosts Virtual Event 'Developing the Black-Owned Business Ecosystem'
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
Two Democratic Senators Allege Secret CIA Spying On Americans
A newly declassified letter by senators Ron Wyden and Martin Heinrich claimed the CIA. has been conducting a Secret Surveillance Program which has been collecting a bulk of data from American citizens. The letter which was written in April of 2021 urges the CIA to come clean about the kind of data it collects and how many Americans have been impacted. According to these two senators, the program did not have the safeguards of congressional oversight.
Stocks Close Lower to Begin Week as Russia-Ukraine Tensions Weigh on Sentiment
Art Hogan, Chief Market Strategist at National Securities, joined Cheddar News' Closing Bell, where he says investors are taking a wait-and-see approach when it comes to the situation between Russia and the Ukraine and elaborates on the impact higher oil prices stemming from the conflict would have on the market.
Behind Lawmaker Concerns Over Possible CIA Data Collection on Americans
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Glimpse of Hope for Diplomatic Solution Over Russia-Ukraine Tensions
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
Load More