During his first State of the Union address to Congress, President Joe Biden announced a DOJ task force will go after the crimes of Russian oligarchs and the closing off American air space to all Russian flights. SOTU is being set against the turmoil of Russia invading Ukraine, surging inflation, deadlock over his domestic legislative agenda, bitter political divisions in the country and lingering effects of the pandemic. Biden said that Russian President Vladimir Putin thought he could divide the U.S. and its allies, but “Putin was wrong. We were ready.” Biden announced in his speech that U.S. airspace is being closed to Russian airlines, joining most European nations and Canada in response to the invasion of Ukraine. The action is largely symbolic since earlier airspace closings have made it very difficult for Russian aircraft to reach the U.S. from most locations. Canada blocked two Aeroflot flights attempting to return to Russia from the U.S. on Monday. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake