USA news live updates: Putin assault on Ukraine is ‘attack on democracy’, says US House speaker Pelosi – Times of India

I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate officers.

Biden in a statement

Biden announces sanctions on Russia’s Nord Stream 2 pipeline

US House speaker Pelosi: Putin assault on Ukraine is ‘attack on democracy’

House speaker Nancy Pelosi said Wednesday that Russian aggression toward Ukraine is “an attack on democracy,” vowing that the US will stand united with its allies around the world in swiftly imposing sanctions on Russia and ensuring financial and political support for an independent Ukraine. “There will be a price to pay for Vladimir Putin,” she said.

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At 10:29 am ET, the Dow Jones Industrial Average was down 86.00 points, or 0.26%, at 33,510.61, the S&P 500 was down 10.83 points, or 0.25%, at 4,293.93, and the Nasdaq Composite was down 50 points, or 0.37%, at 13,331.52.

Twenty of the 30 Dow components were trading in the red.

After opening higher, eight of the 11 major S&P 500 sectors fell, while a 2.3% drop in Tesla dragged the Nasdaq lower.

US tells UN General Assembly Russian invasion of Ukraine could displace 5 million people

Wall Street slips as Ukraine declares emergency

The US stocks fell on Wednesday as Ukraine declared a state of emergency, while reports of cyberattacks on several of its state websites fueled fears about escalating tensions with Russia. Read more

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Mexican President Andres Manuel Lopez Obrador on Wednesday accused US secretary of state Antony Blinken of “interfering” after he called for greater accountability over a string of journalist murders.

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Taking a cue from demonstrations that paralyzed Canada’s capital city for weeks, U.S. truckers on Wednesday planned to embark on a 2,500-mile (4,000-km) cross-country drive toward Washington D.C. to protest coronavirus restrictions. Read more

US expected to announce sanctions on company in charge of building Russia’s Nord Stream 2: CNN reporter on Twitter

The administration of United States President Joe Biden is expected to announce on Wednesday sanctions on Nord Stream 2 AG, the company in charge of building the Russian gas pipeline, CNN reported, citing US officials. Read more

US stocks open higher, Ukraine in focus

Major US indexes post modest gains; chips outperform. Energy leads S&P sector gainers; utilities sole loser

Putin has yet to unleash the force of the 150,000 troops massed on three sides of Ukraine, while Biden held back on even tougher sanctions that could cause economic turmoil for Russia but said they would go ahead if there is further aggression.

Biden, Putin signal bigger confrontation ahead over Ukraine

We’ve no intention of fighting Russia. We want to send an unmistakable message though that US, together with our allies, will defend every inch of Nato territory. We believe Russia is poised to go much further in launching a massive military attack against Ukraine.

US President Joe Biden