Biden's statement follows the 10 January US and UK sanctions against Russian oil giants Gazprom Neft and Surgutneftegas, which target Moscow's energy sector revenue streams.
Russia's central bank maintains record-high interest rates amid currency crisis, sparking business criticism and revealing growing economic strain from war costs.
Ukraine's Defense Ministry suspended its digital anti-corruption vote due to technical failures, delaying the selection of 15 public watchdogs meant to prevent procurement scandals.
A California-based radio frequency solutions company will have to pay millions of dollars for violating export regulations by sending restricted technologies to Russian entities, that can be used for avionics or radar systems in the war with Ukraine.
The European Union is set to mark the third anniversary of Russia's invasion of Ukraine with new sanctions targeting previously unaffected sectors of the Russian economy.
The sanctions and aid package comes as millions of Ukrainians require humanitarian assistance, with recent Russian missile strikes leaving people without power during harsh winter conditions.
The new measures against Russian disinformation represent a significant shift in how the European bloc confronts modern security threats that extend beyond traditional warfare.
Gebr. Heinemann, running shops in Lithuanian airports, continues supplies to Russia through companies controlled by Russian oligarchs, while claiming compliance with EU sanctions.
Investigation reveals electronic parts from a Chinese company owning a California facility continue flowing to Russia despite China's October export controls.
Nearly 350 Russian-affiliated scientists face changes in their research status as CERN implements its final break from Russian institutions today, preserving individual collaborations.