What time is Joe Biden’s speech today, Thursday, February 24?

PRESIDENT Joe Biden spoke on the Russian war in Ukraine on February 24, 2022.

His speech addressed the Russian invasion at the Ukrainian border and introduced new sanctions against Russia.

What time is Joe Biden's speech?

President Joe Biden will address the nation at 12pm EST on February 24, 2022.

His speech will address new sanctions he is set to impose on Russia amidst the country's invasion of Ukraine.

Biden has said he will impose sanctions against Russia if diplomacy failed.

The new restrictions will include further cutting off Russia's major financial institutions from US assistance and will focus other financial restrictions on Putin's inner circle.

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Biden released a statement on The White House website after speaking with Ukrainian President Volodymyr Zelensky who asked him to stand up for his nation.

"(Zelensky) asked me to call on the leaders of the world to speak out clearly against President Putin’s flagrant aggression, and to stand with the people of Ukraine," Biden said in the statement.

He added, "We will continue to provide support and assistance to Ukraine and the Ukrainian people."

What US sanctions has Joe Biden already imposed?

In President Joe Biden's speech on February 22, he said the new sanctions against Russia will include "full blocking" for two of Russia's largest financial institutions.

“That means we’ve cut off Russia’s government from Western finance,” Biden said during his speech on February 24. “It can no longer raise money from the West and cannot trade in its new debt on our markets or European markets either.”

Biden said the new sanctions will be directed at Russian elite families, adding, "They share in the corrupt games of the Kremlin policies and should share in the pain as well."

What is happening in Ukraine?

Russia launched an invasion of Ukraine after months of building its military presence outside the border.

Missiles have been launched on military infrastructures in Ukraine including an airport in Western Ukraine.

At 5.55am Moscow time, Russian President Vladimir Putin gave the orders for the invasion of the Eastern Donbas area of Ukraine, claiming self-defense.

His goal, he said, was to "de-Nazify" the region and told the Ukrainian military to lay down their weapons. Putin said those who don't return to their homes and instead fight would be met with an "instant" response.

In a televised speech, Putin said, "Our actions are self-defense against threats,” and claimed he did not have plans to occupy Ukraine. He added, “We do not plan to impose ourselves on anyone."

However, in Chuhuyiv, an Eastern town of Ukraine, bombs dropped by Russia destroyed much of the town, creating panic and resulting in many civilian injuries and deaths.

“ … Whoever tries to interfere with us, and even more so, to create threats for our country, for our people, should know that Russia’s response will be immediate and will lead you to such consequences that you have never experienced in your history," Putin said.

“We are ready for any development of events. All necessary decisions in this regard have been made.”

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