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US imposes more sanctions on Russia | US imposes more sanctions on Russia |
(35 minutes later) | |
US President Barack Obama has announced further sanctions on Russian officials and a bank over the crisis in Crimea. | US President Barack Obama has announced further sanctions on Russian officials and a bank over the crisis in Crimea. |
Mr Obama also said he had signed an order enabling the US to impose sanctions on sectors of the Russian economy. | |
Meanwhile EU leaders have arrived in Brussels amid warnings that they may impose tougher economic sanctions. | |
Tensions are high as Moscow approves a treaty enabling Crimea - an autonomous republic in Ukraine - to join Russia. | |
Mr Obama said: "Russia must know that further escalation will only isolate it further from the international community." | |
He said the US was watching with concern the situation in southern and eastern Ukraine. | |
A White House official said the latest wave of US sanctions targeted 20 Russian individuals with interests in the Crimea. | |
The Russian bank being targeted - for supporting government officials - is Bank Rossiya, the US Treasury said. |