News

Obama expands U.S. sanctions on Russians

Obama expands U.S. sanctions on Russians

MORE SANCTIONS: President Barack Obama makes a statement on Ukraine, Thursday, March 20, on the South Lawn at the White House in Washington, before he departed for Florida. President Barack Obama said the U.S. is levying a new round of economic sanctions on individuals in Russia, both inside and outside the government, in retaliation for the Kremlin's actions in Ukraine. He also said he has also signed a new executive order that would allow the U.S. to sanction key sectors of the Russian economy. Photo: Associated Press/Charles Dharapak

(Reuters) – President Barack Obama on Thursday announced further sanctions against prominent Russians and cleared the way for possible sanctions on key sectors of the Russian economy in response to Moscow’s seizure of the Crimea region from Ukraine.

The U.S. president, speaking at the White House, said Russia’s threats to southern and eastern Ukraine posed a serious risk of escalation of the crisis in the region.

“We’re imposing sanctions on more senior officials of the Russian government. In addition, we are today sanctioning a number of other individuals with substantial resources and influence who provide material support to the Russian leadership, as well as a bank that provides material support to these individuals.”

The White House, which on Monday announced a first round of sanctions against 11 Russians and Ukrainians it said were involved with the Crimea annexation, was expected to detail the targets of the expanded sanctions shortly after Obama spoke.

Obama said he had signed a new executive order expanding the U.S. government’s authority to take measures against economic sectors.

“This is not our preferred outcome… However, Russia must know that further escalation will only isolate it further from the international community,” the president said. He was speaking on the White House south lawn before leaving on a trip to Florida.

“Over the last several days, we’ve continued to be deeply concerned by events in Ukraine,” Obama said, citing what he called an illegal referendum in Crimea, an illegitimate move to annex the territory Crimea, and “dangerous risks of escalation, including threats” to Ukraine.

“These are all choices that the Russian government has made, choices that have been rejected by the international community as well as the government of Ukraine. And because of these choices the United States is today moving, as we said we would, to impose additional costs on Russia,” he said.

(Reporting by Steve Holland and Jeff Mason. Additional reporting by Susan Heavey. Writing by David Storey)

Recent Headlines

in Sports

Star sprinter Torrin Lawrence dies at 25

Fresh
FILE - In this June 20, 2013 file photo, Torrin Lawrence reacts after his heat in the senior men's 400-meter dash at the U.S. Championships athletics meet in Des Moines, Iowa. Former University of Georgia 400-meter runner Torrin Lawrence died in a car accident early Monday, July 28, 2014 in Cordele, Ga. He was 25.

Celebrated track star Torrin Lawrence has been killed in a tragic road accident in Georgia.

in National

U.S. marshals, police wounded, fugitive dead in NYC gunfight

A New York Police Officer stands guard inside a cordoned area at the site of a shooting in Greenwich Village, Manhattan, New York on July 28, 2014.

Two U.S. marshals and a New York police detective were wounded and a fugitive wanted on sex abuse charges was killed in a shootout in Greenwich Village.

in National, World

U.S says Russia violated nuclear treaty, urges immediate talks

FOR USE AS DESIRED, YEAR END PHOTOS - FILE - President Barack Obama meets with Russian President Vladimir Putin in Enniskillen, Northern Ireland, Monday, June 17, 2013. Obama and Putin discussed the ongoing conflict in Syria during their bilateral meeting.

In another sign of deteriorating relations, the U.S. government claims that Moscow has violated the Cold War treaty.

in National, World

Civilians killed in eastern Ukraine amid fierce fighting

Armed pro-Russian separatists stand guard on the suburbs of Shakhtarsk, Donetsk region on July 28, 2014.

Intense fighting between Ukrainian troops and pro-Russian rebels in eastern Ukraine kills at least 19 civilians.

in National

Toy drone disrupts aircraft fighting California wildfire

Firefighters protect an evacuated home while the fast-moving wildfire called "Sand Fire" burns behind, near Plymouth, California on July 26, 2014.

Fire officials spotted a drone over the Sand Fire and immediately called police to have the toy grounded to avoid a possible mid-air collision.