Obama Slaps Toughest Sanctions Yet on Russia

U.S. President Barack Obama has announced new economic sanctions on Russian banks and energy companies for Moscow's support of the pro-Russian separatist rebellion in Ukraine. Obama, speaking at the White House Wednesday, said he has repeatedly urged Moscow to take key steps to ease the crisis, and that Russia so far has failed to meet any of the U.S. recommendations. "We have emphasized our preference to resolve this issue diplomatically,'' Obama said. "We have...

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