US Adds New Russia Sanctions to ‘Change Behavior’ in Ukraine
The United States expanded its sanctions against Russia on Monday, targeting members of President Vladimir Putin’s “inner circle” and technology that could be useful to Russia’s military, in response to Russia’s ongoing involvement in Ukraine.
President Barack Obama said the U.S. is holding broader sanctions against Russia’s economy, such as its banking or defense industry, “in reserve.”
“The goal here is not to go after Mr. Putin personally,” Obama said. “The goal is to change his calculus with respect to how the current actions that he is engaging in in Ukraine could have an adverse effect on the Russian economy over the long-haul, and to encourage him to actually walk the walk and not just talk the talk when it comes to diplomatically resolving the crisis in Ukraine.”