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.
-
June 29 editorial cartoonsCartoons Sunday's political cartoons include the AI genie, Iran saving face, and bad language bombs
-
A tall ship adventure in the MediterraneanThe Week Recommends Sailing aboard this schooner and exploring Portugal, Spain and Monaco is a 'magical' experience
-
How drone warfare worksThe Explainer From Ukraine to Iran, it has become clear that unmanned aircraft are rapidly revolutionising modern warfare
-
Canadian man dies in ICE custodySpeed Read A Canadian citizen with permanent US residency died at a federal detention center in Miami
-
GOP races to revise megabill after Senate rulingsSpeed Read A Senate parliamentarian ruled that several changes to Medicaid included in Trump's "One Big Beautiful Bill" were not permissible
-
Supreme Court lets states ax Planned Parenthood fundsSpeed Read The court ruled that Planned Parenthood cannot sue South Carolina over the state's effort to deny it funding
-
Trump plans Iran talks, insists nuke threat goneSpeed Read 'The war is done' and 'we destroyed the nuclear,' said President Trump
-
Trump embraces NATO after budget vow, charm offensiveSpeed Read The president reversed course on his longstanding skepticism of the trans-Atlantic military alliance
-
Trump judge pick told DOJ to defy courts, lawyer saysSpeed Read Emil Bove, a top Justice Department official nominated by Trump for a lifetime seat, stands accused of encouraging government lawyers to mislead the courts and defy judicial orders
-
Mamdani upsets Cuomo in NYC mayoral primarySpeed Read Democratic socialist Zohran Mamdani beat out Andrew Cuomo in New York City's Democratic mayoral primary
-
Supreme Court clears third-country deportationsSpeed Read The court allowed Trump to temporarily resume deporting migrants to countries they aren't from
