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Ukraine crisis: US sanctions target Putin's inner circle | |
(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. | 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. | 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. | 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." | 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. | He said the US was watching with concern the situation in southern and eastern Ukraine. |
Inner circle | Inner circle |
A White House official said the latest wave of US sanctions targeted 20 Russian individuals with interests in the Crimea. | 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. | |
Among the 20 individuals facing sanctions are members of Russian President Vladimir Putin's inner circle. | Among the 20 individuals facing sanctions are members of Russian President Vladimir Putin's inner circle. |
They include his chief of staff Sergei Ivanov and wealthy businessmen Arkady Rotenberg and Gennady Timchenko. | They include his chief of staff Sergei Ivanov and wealthy businessmen Arkady Rotenberg and Gennady Timchenko. |
Those targeted will be unable to make transactions in dollars, will have any assets in the US frozen and will be barred from doing business in the US. | Those targeted will be unable to make transactions in dollars, will have any assets in the US frozen and will be barred from doing business in the US. |
European Union leaders meeting in Brussels also said they would expand the number of Russians facing sanctions, and said a summit with Russia planned for June would not go ahead. | European Union leaders meeting in Brussels also said they would expand the number of Russians facing sanctions, and said a summit with Russia planned for June would not go ahead. |
German Chancellor Angela Merkel told the German parliament that the EU would be ready to impose economic sanctions against Russia if there were a further escalation in Russia's involvement in Ukraine. | German Chancellor Angela Merkel told the German parliament that the EU would be ready to impose economic sanctions against Russia if there were a further escalation in Russia's involvement in Ukraine. |
Mrs Merkel told reporters in Brussels that she was optimistic that EU nations would be able to present a unified voice on the Crimea crisis. | Mrs Merkel told reporters in Brussels that she was optimistic that EU nations would be able to present a unified voice on the Crimea crisis. |
The EU and US introduced a first raft of sanctions against individual Russians and Ukrainians on Monday, a day after 97% of Crimeans voted in a referendum to join Russia. | |
The US ordered the freezing of assets and travel bans on 11 individuals, while the EU imposed the same sanctions on 21 people. | |
Congressmen targeted | Congressmen targeted |
Russia has announced that it is imposing its own sanctions against US officials and politicians. | Russia has announced that it is imposing its own sanctions against US officials and politicians. |
Among those targeted are some of the most senior Congressmen - Harry Reid, John Boehner and John McCain - as well as one of President Obama's national security advisers, Benjamin Rhodes. | Among those targeted are some of the most senior Congressmen - Harry Reid, John Boehner and John McCain - as well as one of President Obama's national security advisers, Benjamin Rhodes. |
Mr Boehner's spokesman said he was "proud to be included on a list of those willing to stand against Putin's aggression". | Mr Boehner's spokesman said he was "proud to be included on a list of those willing to stand against Putin's aggression". |
Russia's Foreign Minister Sergei Lavrov, speaking before Mr Obama's announcement, described possible sanctions as "illegitimate" and "not based on international law". | Russia's Foreign Minister Sergei Lavrov, speaking before Mr Obama's announcement, described possible sanctions as "illegitimate" and "not based on international law". |
Mr Lavrov was addressing the lower house of Russia's parliament ahead of a vote to formally annex Crimea - a move he said was necessary to protect the peninsula's majority ethnic Russian population from "nationalists, anti-Semites and other extremists on whom the new [Ukrainian] authorities depend". | |
The referendum has been described as illegal by Kiev and the West. | |
Speaking after talks in Moscow with President Putin, UN Secretary General Ban Ki-moon urged all sides to refrain from hasty or provocative actions. | Speaking after talks in Moscow with President Putin, UN Secretary General Ban Ki-moon urged all sides to refrain from hasty or provocative actions. |
Mr Ban said he was "deeply concerned about the current situation". | Mr Ban said he was "deeply concerned about the current situation". |