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Primary Sector Targeted by Biden's New Sanctions Against Russia by January 31, 2025?
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Resolution / Starting Odds
Energy • 25%
Financial • 25%
Technology • 25%
Other • 25%
Details of the sanctions as reported by credible news outlets or official government documents
Story
Biden to Announce New Economic Sanctions Against Russia This Week to Support Ukraine's War Effort Ahead of Trump's Inauguration
Jan 9, 2025, 10:48 AM
President Joe Biden is expected to announce new economic sanctions against Russia this week, according to a U.S. official and multiple reports. This move aims to support Ukraine's efforts in its ongoing conflict with Moscow, occurring just days before Donald Trump is set to take office. The specific details of the sanctions have not yet been disclosed, but they are part of a broader strategy to bolster Kyiv's position amid the ongoing war. Biden's decision reflects a last-minute push to implement measures against Russia before the transition of power.
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