Obama levies new round of sanctions on Russia - Local news, weather, sports Savannah | WSAV On Your Side

Obama levies new round of sanctions on Russia

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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 This material may not be published, broadcast, rewritten or redistributed.)

James Brierton

James joined WRBL News 3 with experience from CNN, NBC News and his own hyper-local news site. He manages the WRBL News 3 Web desk. More>>

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