Making good on his threat earlier this week to punish Russia should it move to annex Crimea, President Obama on Thursday announced he was expanding U.S. sanctions to include more Russian officials, individuals, and a bank that have provided "material support" to Moscow's incursion. Obama also said he'd signed an executive order that would allow the U.S. to impose additional sanctions on "key sectors of the Russian economy" in the future, a move that would ratchet up the economic pressure on Russia.
"Mr. Putin should know that the Ukrainians shouldn't have to choose between the West and Russia," Obama said.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
Ukraine cheers House approval of military aidSpeed Read Following a lengthy struggle, the House has approved $95 billion in aid for Ukraine and Israel
-
Poland, Germany nab alleged anti-Ukraine spiesSpeed Read A man was arrested over a supposed Russian plot to kill Ukrainian President Zelenskyy
-
Israel hits Iran with retaliatory airstrikeSpeed Read The attack comes after Iran's drone and missile barrage last weekend
-
Peter Murrell: Sturgeon's husband charged over SNP 'embezzlement' claimsSpeed Read SNP expresses 'shock' as former chief executive rearrested in long-running investigation into claims of mishandled campaign funds
-
Mark Menzies: Tories investigate MP after 'bad people' cash claimsSpeed Read Fylde MP will sit as an independent while party looks into allegations he misused campaign funds on medical expenses and blackmail pay-out
-
Why Johnson won't just pass Ukraine aidSpeed Read The House Speaker could have sent $60 billion in military aid to Ukraine — but it would have split his caucus
-
Sudan on brink of collapse after a year of warSpeed Read 18 million people face famine as the country continues its bloody downward spiral
-
Trump's first criminal trial starts with jury picksSpeed Read The former president faces charges related to hush money payments made to adult film star Stormy Daniels
