Biden Is Powering Putin With Weak Sanctions, Attacks on Fossil Fuels
The Russian stock market rose 6.5 percent after Mr. Biden’s sanctions announcement. What does that tell you? It had been collapsing in the prior several days.
Acknowledging that Russia “carved out a big chunk of Ukraine,” President Biden this afternoon announced a very weak, low-level set of sanctions on Russia — not exactly the swift and severe consequences he had been bragging about for so many weeks.
The Russian stock market rose 6.5 percent after Mr. Biden’s sanctions announcement. What does that tell you? It had been collapsing in the prior several days.
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