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Obama Levies New Round Of Sanctions On Russia

By: Associated Press
By: Associated Press

President Barack Obama says the United States is levying a new round of economic sanctions on individuals in Russia, both inside and outside the government, in retaliation for the Kremlin's actions in Ukraine.

Obama says he has also signed a new executive order that would allow the U.S. to sanction key sectors of the Russian economy.

The new penalties mark the second round of economic sanctions the U.S. has levied on Russia this week. The first round of penalties had little impact in stopping Moscow from annexing the strategically important Crimean Peninsula from Ukraine.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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(NBC News) President Vladimir Putin defiantly signed a draft treaty making Crimea part of Russia Tuesday, despite the threat of even more U.S. sanctions against his country.

The document was signed in front of cameras and cheering lawmakers gathered in the Kremlin. It is expected to be ratified later by Russia's parliament.


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Russia has signed a treaty to incorporate Crimea into its territory following a referendum in which residents of Ukraine's region overwhelmingly backed the move.

President Vladimir Putin signed the document Tuesday with Crimea's prime minister and parliament speaker following a televised address to the nation, in which he vigorously defended Crimea's vote as a restoration of historical justice.

The agreement has to be endorsed by Russia's Constitutional Court and ratified by both houses of parliament to take effect. Those steps are considered mere formalities.

Putin has accused the West of encouraging unrest in Ukraine in order to break its historic ties with Russia, and dismissed Western criticism of the Crimean vote as illegitimate.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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President Barack Obama says new U.S. sanctions imposed on Russian officials make it clear "that there are consequences for their actions" in Crimea and he's warning that the U.S. stands ready to impose further sanctions if necessary.

The president stressed that the government has the authority to go after officials in the Russian arms sector and those who support Russian cronies if the government doesn't pursue a diplomatic solution to the crisis in Ukraine.

Obama on Monday froze the U.S. assets of seven Russian officials for their support of Crimea's vote to secede from Ukraine in the most comprehensive sanctions against Russia since the end of the Cold War. The Treasury Department also is imposing sanctions on four Ukrainians involved in the separatist effort.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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President Barack Obama is imposing sanctions against Russian officials after Crimea's vote to secede from Ukraine.

Obama's executive order issued Monday names seven Russian government officials. The United States also says it identifies and targets the assets of other individuals who aren't government officials but are supporting them.

The Treasury Department also is imposing sanctions on four Ukrainians, including former President Viktor Yanukovych and two Crimea-based separatist leaders.

The U.S. announcement came shortly after the European Union announced travel bans and asset freezes on 21 people.

The sanctions were expected after residents in Crimea voted overwhelmingly Sunday in favor of the split.

(Copyright 2014 The Associated Press. All rights reserved.)


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Ethnic Russians in the regional Crimean capital of Simferopol are overjoyed at the prospect of once again becoming part of Russia.

Residents in Crimea voted overwhelmingly to secede from Ukraine and join Russia in a referendum on Sunday.

After the polls closed, crowds erupted with jubilant chants in the city's main square amid fireworks and fluttering Russian flags.

The United States and Europe are condemning the referendum as illegal and destabilizing and are expected to slap strong sanctions against Russia for it, perhaps as soon as Monday

Ukraine's new government in Kiev calls the referendum a "circus" directed at gunpoint by Moscow -- referring to the thousands of Russian troops now in the strategic Black Sea peninsula after seizing it two weeks ago.

Opponents of secession appeared to have stayed away Sunday, denouncing the vote as a cynical power play and land grab by Russia.

The Crimean parliament will meet Monday to formally ask Moscow to be annexed and Crimean lawmakers will fly to Moscow later in the day for talks, Crimea's pro-Russia prime minister said on Twitter.


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