The Washington Times
March 17, 2014
The Obama administration on Monday imposed a new round of sanctions on Russian officials, self-declared leaders in Crimea and others deemed responsible for the unrest and instability in Ukraine.
In an executive order, President Obama named seven Russian officials whose U.S. assets now will be frozen and “may not be transferred, paid, exported, withdrawn or otherwise dealt.” Others, including former Ukrainian President Viktor Yanukovych, also have been targeted.
Described by White House officials as “by far the most comprehensive sanctions applied to Russia since the end of the Cold War,” the new steps represent an escalation in tensions between Moscow and the West.
Speaking at the White House, Mr. Obama said there still is time for Russia to pull back and resolve the situation in Ukraine diplomatically, but the U.S. and its partners are prepared to go even further if the crisis worsens.
This article was posted: Monday, March 17, 2014 at 12:17 pm