Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death

Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death

Russian President Vladimir Putin and Defense Minister Sergei Shoigu (right) take part in a wreath-laying ceremony at the Tomb of the Unknown Soldier in Alexander Garden on Defender of the Fatherland Day, in Moscow, Friday.

Sergey Guneev, Sputnik, Kremlin Pool Photo/AP

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Sergey Guneev, Sputnik, Kremlin Pool Photo/AP

Russian President Vladimir Putin and Defense Minister Sergei Shoigu (right) take part in a wreath-laying ceremony at the Tomb of the Unknown Soldier in Alexander Garden on Defender of the Fatherland Day, in Moscow, Friday.

Sergey Guneev, Sputnik, Kremlin Pool Photo/AP

President Biden has announced more than 500 new sanctions over Russia’s war in Ukraine and the death of Russian opposition leader Alexei Navalny.

The move comes one day before the second anniversary of the Russian invasion of Ukraine.

Alexei Navalny, Russian politician who opposed Putin to the end, has died in prison

“Today, I am announcing more than 500 new sanctions against Russia for its ongoing war of conquest on Ukraine and for the death of Aleksey Navalny, who was a courageous anti-corruption activist and Putin’s fiercest opposition leader,” President Biden said in a statement Friday morning.

Ukraine invasion — explained

Biden said the sanctions target Russia’s financial sector and industrial base, plus 100 entities in other countries that help Russia’s war effort.

The sanctions also target individuals responsible for Navalny’s incarceration.

This is a developing story. Please check back for updates.

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