President Joe Biden, vowing the world will “hold Russia accountable” for the attack underway in Ukraine, will spell out a set of sanctions on Thursday once meant to deter such an assault.

Set to address the nation at 12 p.m. ET, Biden is expected to unveil new measures that could cut off Russia from advanced technology, announce new restrictions on large financial institutions and slap sanctions on additional members of the inner circle of Russian President Vladimir Putin.

The planned sanctions, the latest US reprisals against Moscow this week, had been reserved as Biden hoped to maintain some leverage in dissuading Putin from a full-scale invasion.