Biden, Putin discuss Ukraine in video call amid rising tensions

“It’s about communicating that the right way forward is through diplomacy,” she said. “Meanwhile, on financial sanctions, we have been in substantial consultation with our allies and believe we have a way forward that could cause significant harm and serious for the Russian economy. You could call it a threat. You can call it a fact. You can call it preparation – whatever you want to call it. But it’s something that we’ve talked about publicly, and certainly, the president will communicate that as well. “