Obama Announces New US Sanctions on Russia Over Ukraine

NEWSMAX / REUTERS: U.S. President Barack Obama announced new sanctions against some Russians on Monday to stop President Vladimir Putin from fomenting the rebellion in eastern Ukraine, but said he was holding broader measures against Russia’s economy “in reserve”…

The new sanctions, to be outlined in detail later on Monday, will add more people and firms to a list announced last month of figures whose assets are frozen and who are denied visas to travel to the United States.

Some high tech exports will also be targeted, Obama said. But the measures do not yet include the wider sanctions, like curbs on the Russian financial and energy sectors, that would do the most serious damage to Russia’s economy… (more)

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