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U.S. Sanctions Russia for Ukraine Crisis



With Russia’s military knocking on Ukraine’s door, President Barack Obama has enacted sanctions aimed at isolating Russia both financially and politically

Obama issued an executive order aimed at those the administration determines have contributed to the destabilization of Ukraine. The order essentially freezes the U.S.-based assets of responsible parties and denies them access to the country while the military standoff between Russia and Ukraine persists

Several Obama administration officials briefed reporters on the new executive order Thursday morning. They described it as a “powerful and flexible tool” that the administration can use against anyone who undermines democratic processes or institutions in Ukraine, misappropriates state assets or claims state authority without authorization from the government in Kiev, as well as anyone who threatens the country’s peace, stability, sovereignty or territorial integrity. Read more…

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