to impede russia's ability to do business and say enough from our white house correspondent, kimberly alcott, after consulting with his national security council in the white house situation room, and the virtual meeting with g 7 leaders, us president joe biden made good on his promise to inflict massive costs and russian president vladimir putin for invaded ukraine, who is the aggressor who chose this war. and now he and his country will bear the consequences. the new sanction target major russian bags and russian league, and in coordination with allies representing more than half the global economy, are designed to cut off russia from the world's financial system. russia, assets and the u. s. are also now frozen. we will limit russia's ability to do business in dollars. euro's pounds and yen export controls to curtail rushing high tech imports are also being opposed to cripple russia's military and high tech capabilities. the moves are backed by top, congressional democrats, like senate leaders, chuck sure, who condemned russia invasion and pledge support for ukraine. ukrainians are tough

kimberly alcott and other correspond in dc. my kinda, let's talk about sanctions the next minute or so. sanctions kicking almost immediately. this is a multi country, multi agency tranche of sanctions from brussels to london to washington to cambra to tokyo. so they want to make sure that the russian federation i, mr. puts in, cannot trade or do business in dollars, pounds, euros, or yen. but the reality is the distance between sanctions and the brake pedals inside the russian tanks is a big distance that's a long shot to go for. so the real impact on the conflict day 2 of whatever this is we're seeing unfold because they to a phase one isn't over yet. that distance is so huge as to not stop anything that's going on on the ground at the moment. when you say exactly the problem we have we're facing right now. thanks, shawn. i important 1st as the signaling, a feature of, of the result of the west to push back on on what putting russia is doing. that like you said, this is just a different sequence. now we end in a much more imme

kimberly alcott were u. s. president joe biden and german chancellor. olive shoals sat down in the oval office for their 1st white house meeting, attempting to put on a united front to state the germany is one of america's closest allies, working a walk step further deter russian aggression. your biden statement follows weeks of criticism. the germany has been vague in its support of nato allies. schultz is also fighting accusations. he's been soft on russia, as it's a mass, tens of thousands of troops along its border with ukraine. but the biggest concern might be the issue of nord stream to a contentious $11000000000.00 natural gas pipeline between germany and russia. germany relies on russia for natural gas. and even though nordstrom too is not yet operational, if russia invades ukraine, the u. s. insist nordstrom too, must stay dormant, but germany has been non committal until monday, if russia invades that means tanks and troops crossing the on the border of ukraine. again, there are no. there will be w