Russia-Ukraine Crisis: US, Europe agree to freeze assets of Russia’s Putin, Lavrov

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Russia-Ukraine Crisis: US, Europe agree to freeze assets of Russia’s Putin, Lavrov
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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.

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

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.

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