President Barack Obama retaliated against Russia’s annexation of Crimea by slapping sanctions on some of President Vladimir Putin’s closest associates and a Russian bank linked to the blacklisted individuals.
As EU leaders met in Brussels to consider their own expanded list of visa bans and asset freezes, Mr Obama said the US was moving to “impose additional costs on Moscow” for its actions in Ukraine, sanctioning more senior officials and “other individuals with substantial resources and influence who provide material support to the Russian leadership”.
He added that he was using his executive powers to draw up more sweeping economic sanctions to counter “dangerous risks of escalation”.
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