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Year: 2022

Biden says ‘major war crimes’ being discovered in Ukraine after he announces new sanctions on Russia

By Kevin Liptak, Betsy Klein and Kaitlan Collins, CNN President Joe Biden declared “major war crimes” were being discovered in Ukraine as Russian forces retreat from areas around Kyiv, citing scenes of brutal, cold-blooded executions as rationale for ratcheting up US sanctions on Moscow. “Responsible nations have to come together to hold these perpetrators accountable,”

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US to announce sanctions on Putin’s adult children

CNN By Kaitlan Collins, CNN The US is expected to announce it is sanctioning Russian President Vladimir Putin’s adult children when it rolls out a new sanctions package on Wednesday, according to sources familiar with the package. Putin has acknowledged two adult daughters. The Biden administration is also eying an expansion of sanctions on Sberbank,

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The Fed is sounding more and more aggressive

CNN, CNNBUSINESS By Julia Horowitz, CNN Business What does it mean when even the doves at the Federal Reserve start to sound like hawks? Investors are weighing that question after a key member of the central bank who has historically favored a gentler approach to raising interest rates talked tough about the central bank’s need

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