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Obama announces expanded sanctions on Russians over Ukraine

Published on Mar 20, 2014 11:33 PM
 
US President Barack Obama announced further sanctions against prominent Russians and cleared the way for possible sanctions on key sectors of the Russian economy in a speech at the White House on Thursday, March 20, 2014. -- PHOTO: AFP

WASHINGTON (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 US president, speaking at the White House, also said Russia's threats to southern and eastern Ukraine posed a serious risk of escalation of the crisis in the region.