World Obama extends sanctions against Russia to include wealthy Putin allies- The Guardian

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President Obama has extended financial sanctions against Russia to include wealthy supporters of Vladimir Putin and a bank close to the Kremlin, in a bid to deter Russian military incursions into eastern and southern Ukraine.

Amid growing pressure for a tougher US response to the crisis, the White House also issued a new executive order authorising a co-ordinated economic blockade with the European Union against key Russian industries if the situation escalates.

EU leaders agreed to add 12 unnamed Russians to a blacklist of 21 individuals and ordered the European commission to examine the impact of broader trade and economic warfare action against Russia and also said they would implement a trade agreement with Kiev.

Click source for more details: The Guardian

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