President Obama Imposes New Sanctions on Russian Officials, Authorizes Future Economic Sanctions

President Obama announced Thursday that he is imposing sanctions on additional senior Russian officials and others over the country's annexation of Crimea, warning that broader economic sanctions could be in store if Russia does not stand down.

The president, speaking on the South Lawn of the White House, voiced concern that Russian military positioning could point to "further incursions" into southern and eastern Ukraine. He also issued an executive order giving the U.S. authority to impose sanctions on "key sectors of the Russian economy."

Read more: http://www.foxnews.com/politics/2014/03/20/obama-to-make-statement-on-ukraine/

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