Monday 28 April 2014

Barack Obama announces new US sanctions on Russia over Ukraine

US President Barack Obama announced new sanctions against some Russians on Monday to stop President Vladimir Putin from fomenting the rebellion in eastern Ukraine, but said he was holding broader measures against Russia's economy "in reserve".

On the ground, pro-Moscow rebels showed no sign of curbing their uprising, seizing public buildings in another town in the east. Interfax news agency reported that the mayor of a further major eastern city, Kharkiv, had been shot and was undergoing an operation. It gave no details of the shooting.

Germany demanded Russia act to help secure the release of seven unarmed European military monitors, including four Germans, who have been held by the rebels since Friday.

The new US sanctions, to be outlined in detail later on Monday, will add more people and firms to a list announced last month of figures whose assets are frozen and who are denied visas to travel to the United States.

The European Union is also expected to add targets to its Russia sanctions list on Monday. Ambassadors from the 28 EU states met in Brussels and an EU diplomat said they were expected to add around 15 new names.

Washington will also target some high tech exports, Obama said. But the measures do not yet include the wider sanctions, such as curbs on the Russian financial and energy sectors, that would do the most serious damage to Russia's economy...

Source:  Hindi News

From DNA News

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