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Transcripts for CNN At This Hour With Kate Bolduan 20220208 16:48:30 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
for oil, pumping out as much oil as we have, we did in the past. the world and the oil markets are more dependent on russia for fulfilling that gap. with russia filling that gap, it is very hard to impose sanctions on putin right now that will cause oil prices to go above $100 a barrel. that is why you see that these sanctions, they are kind of around the edges. they do not really impact the russian, this lifeblood of the russian economy, which is oil. they are not deterring putin. as far as going after his personal wealth, he s got between a hundred billion to 200 billion stocked away, all over the place. if you notice of an outcome that the blood and administration hasn t done, it has not cut russia off from the swift interbank system of clearing. which means, putin and his buddies in the whole country can get money in and out pretty easily. i did not understand what the biden administration is doing. whether they are just pounding the table, make it sound like
he won t go after putin personally with sanctions, he had a spokesperson go up with the white house microphone and say we are going to do nothing to disrupt the distribution of russian oil. are you kidding me? don t tell us that his sanctions were tougher than getting him out of swift, that s not true. there is absolutely nothing joe biden can put to that he s done that s positive. how about protecting our southern border? how about sending kamala harris to do some of that too? shannon: there is plenty for discussion about what the said administration has done and hasn t done, they have a big state of the union coming up. thank you very much, i want to check in before we go to break with bret baier who is here on set and tracking a lot of what s coming in tonight for us as well. bret: the ukrainian defense ministry is saying the object shot down over kyiv was a russian caliber cruise missile, this is the ukrainian deputy minster of internal affairs. we have no way to double check