President Joe Biden stated Monday that Russian President Vladimir Putin was ‘back against the wall’. He said Russia launched an ‘hypersonic weapon’ at Ukraine partly due to its strong defenses.

Biden stated that the Russian military is causing havoc, regardless of whether they are using their tanks, helicopters, or aircraft.

The Kremlin had claimed that it used state-of the-art military hardware in order to destroy a Ukrainian weapons storage unit. This claim was not confirmed by the Pentagon Monday. 

Biden explained that their hypersonic weapon was the only way they could get to absolute certainty. ‘It’s, as you all know, it’s a consequential weapon, but with the same warhead on it as any other launched missile – it doesn’t make that much difference except it’s almost impossible to stop it. It’s used for a purpose.

“And now Putin is at the wall.” He didn’t anticipate the strength or extent of our unity. Biden stated that the further he is from the wall the more severe the tactics he might employ.

President Joe Biden confirmed Russia's use of a hypersonic missile during its invasion of Ukraine

Joe Biden, President of the United States of America, confirmed Russia’s use a hypersonic rocket during its invasion in Ukraine

Many military experts were skeptical that the Russians would actually use the weapon, other than to test it in Ukraine and communicate a message. 

These missiles may fly at speeds of ten times sound and can evade any air defenses.  

Biden applauded Russian companies that are relocating to the United States in response. However, sanctions were not imposed on Russian entities doing business with Russia by the U.S.

‘I’m pleased to see American companies stepping up and doing their part in what you’re doing in terms of donating to Ukraine, and winding down your operations without anybody requesting – I want to make that clear – you’re on your own winding down operations in Russia. Not all have done so, but there are many around the globe.

Biden will be attending the NATO emergency meeting in Brussels on Thursday. He said, “But I am confident that I know Putin quite well and as well as any other leader, that he was counting upon being able to divide NATO, he never believed NATO would remain resolved.”

Biden also raised concern about possible Russian cyber attacks on U.S. targets.

Biden noted that today’s warnings by my administration were based upon evolving intelligence and suggested Russia could be plotting a cyber attack on us. “As I stated, Russia’s cyber capabilities are quite significant and they’re coming.

KYIV, UKRAINE - MARCH 21: Firefighters work at site after Russian attacks struck a shopping mall, in Kyiv, Ukraine on March 21, 2022. The Kremlin says it used a hypersonic missile to take out a Ukrainian arms facility

KYIV, UKRAINE, MARCH 21: After Russian terrorists attacked a Kyiv shopping center, firefighters respond to the scene. This was in Kyiv on March 21, 2022. Russian authorities claim that they used a hypersonic weapon to eliminate an Ukrainian military facility.

An unexploded rocket is pictured in the cemetery of Mykolaiv, southern Ukraine, on March 21, 2022

On March 21st, 2022, a unexploded rocket can be seen in Mykolaiv’s cemetery.

Jamie Dimonm, CEO of JP Morgan

Darren Woods, CEO of ExxonMobil

Biden, White House officials and Jamie Dimon from JP Morgan met Monday with the top CEOs.

Biden accused Putin also of orchestrating ‘false Flag’ operations, asserting that U.S. has ‘biological and chemical weapons’ in Europe. This is simply false.

After 16 chief executives, including Biden, met to discuss the aftermath of the invasion and energy, Biden spoke with him, according to the White House.    

They conveyed that the Administration will continue to impose heavy penalties on Putin in order to destroy Russia’s war machine, support Ukraine’s people and take concrete steps to reduce the impact of Putin’s actions on American consumers. They also spoke out about how they needed to collaborate to deal with Putin’s disruptions of global markets and supply chain, especially in relation to energy, as well as to identify other sources of key products. Both the Administration and private sectors committed to working together in close cooperation and co-operation going forward.

Reuters reports that ExxonMobil’s and Bank of America’s heads were present. 

 They spoke about supply chain issues. Attending were national security advisor Jake Sullivan, Economic Council Director Brian Deese, Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo.