Sanctions Pressure Putin after Attack on Ukraine

After months of speculation, Vladimir Putin invaded Ukraine on February 24, 2022, the largest conventional military attack on any sovereign state since World War II. The world has responded quickly. In an unprecedented move designed to ruin Russia’s economy, the Western powers are leading the charge to create a banking crisis, which they believe will plunge Russia into a deep recession. The whole world is watching as Vladimir Putin leads the assault on Ukraine, and the West creates an attack of their own, focusing on the banking industry.