These measures will be taken in response to anti-Russian sanctions by the US, other countries and international organisations, according to the decree.
The US closed its airspace to Russian planes as the Russian military attempted to encircle and subdue Ukrainian cities with intensifying bombardments on Wednesday, almost a week into the invasion
The development comes after Russia intensified military actions in Ukraine, with reports of major shelling in the city of Kharkiv in Eastern Ukraine.
Biden declared that he and all members of Congress, whatever political differences there may be, were joined with an unwavering resolve that freedom will always triumph over tyranny.
The Indian government is continuously evacuating students who were stranded in Ukraine via neighbouring countries
Palm oil has become the costliest among the four major edible oils for the first time
US nuclear power industry is pushing White House to allow uranium imports from Russia to continue despite the war in Ukraine, with cheap supplies of fuel seen as key to keeping electricity prices low
IMF, World Bank said they were racing to provide billions of dollars of additional funding to Ukraine in coming weeks and months, adding the war there is creating crucial spillovers to other countries
Russia seeks to place temporary restrictions on foreigners seeking to exit Russia assets, as it tried to stem an investor retreat driven by crippling Western sanctions imposed over Ukraine invasion
UEFA and FIFA have also barred Russia from international football until further notice.
The annual speech to Congress gave Biden a platform to highlight his agenda, reassure fretful Americans and seek to boost his sluggish poll numbers
The PM reiterated India's appeal for cessation of hostilities and a return to dialogue.
World Bank Group President David Malpass and IMF Managing Director Kristalina Georgieva announced the support package for Ukraine in a joint IMF-World Bank Group statement on the War in Ukraine
As global sanctions against Moscow tighten, the United States is poised to ban Russian flights using American airspace, following similar moves by the European Union and Canada.
The move follows similar action by Canada and the European Union in recent days.
Canada will maintain sanctions against Russia until the latter withdraws its troops from Ukraine, Prime Minister Justin Trudeau said on Tuesday.
The euro was under pressure on Wednesday as intensifying Russian bombardment of Ukraine's cities and a surging oil price raised investor concerns about a hit to Europe's economy and growth
Taken together, the moves reflect a cultural and commercial split unseen since the Cold War ended in the late 1980s
The EU announced a ban Sunday, which countries are expected to sign off on today after a formal proposal.
Russia, China seek to expand their military influence both regionally and globally, with Moscow invading Ukraine and Beijing seeking to wrest control of Taiwan, US Department of Defence said