The US President Joe Bidenannounced on Tuesday its decision to close the country’s airspace to Russian airlines and has called his Russian counterpart, Vladimir Putin, a “dictator”.
“The fact that a Russian dictator has invaded a foreign country it has a cost throughout the world,” he said. But “in the battle between democracy and autocracy, democracies are on the ropes, and the world is clearly choosing the side of peace and security.”
Therefore, as the European Union (EU) and Canada have also donethe airspace will be closed “to further isolate Russia and further suffocate its economy,” Biden assured during his first state of the union addressa traditional annual event before both chambers of Congress
The Department of Transportation and the Federal Aviation Administration have reported that the orders to block the entry of Russian airlines will come into force at the end of this Wednesday.
US threatens Russian oligarchs
During his appearance, Biden has threatened the Russian oligarchs with the confiscation of their “yachts, luxury apartments and private jets”which are “the fruit of dishonest earnings”.
“Let’s go for your ill-gotten gains“
“Tonight I say to the Russian oligarchs and corrupt leaders who have swindled billions of dollars from this violent regime: no more,” which is why “we join our European allies in finding and seizing their yachts, their luxury apartments , their private planes. Let’s go for your ill-gotten gains“.
Likewise, the president has made reference to the approach of a large Russian military convoy to Kiev: “Putin may surround Kiev with tanks, but he will never win the hearts and souls of the Ukrainian people.”.
“It will never extinguish its love for freedom, it will never weaken the determination of the free world,” he added. Furthermore, “even if I win on the battlefield, will pay a high price in the long run“.
Biden promises a plan to tackle inflation
Beyond the war in Ukraine, the president of the United States has spoken about the country’s economy and has promised a plan to tackle inflation “by reducing costs and not wages”. As she has assured, containing prices is her “top priority”.
“Lower costs, not wages. Make more cars and semiconductors in America. More infrastructure and innovation in America,” he insisted. In this sense, the president has affirmed that the country will have “a decade of infrastructure”in reference to the plan approved last November of 1.2 billion dollars.
Thus, it will transform the United States and put it on the path of 21st century “economic competition”, specifically with China. “I have told Xi Jinping that it is never good to bet against the American people,” she pointed out, referring to his Chinese counterpart. With that plan he intends to create million jobs for Americans and modernize highways, airports, ports and canals.
On the other hand, and on the economy, Biden has defended “capitalism”, but has warned that “without competition it is exploitation” and causes prices to rise. “I am a capitalist. But capitalism without competition is not capitalism. It is exploitation, and it pushes prices up,” he remarked.
George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.