73°
Baton Rouge, Louisiana
3 Day Outlook
Sun
86°
65°
30%
Mon
80°
57°
10%
Tue
80°
57°
0%

Latest Weather Blog

Follow our weather team on social media

Obama says US preparing for more Russia sanctions

11 months ago Friday, May 02, 2014 9:25:22 AM CDT May 02, 2014 Friday, May 02 2014 May 2, 2014 in News
Source: Associated Press

WASHINGTON - President Barack Obama says the United States and Germany are preparing to impose sanctions on Russia's economic sectors if destabilization continues in Ukraine.

Obama says he hopes not to have to use such sanctions, but will if Russia's disruptions threaten Ukraine elections scheduled for May 25.

So far, the U.S. has slapped sanctions on individuals but hasn't targeted entire economic sectors, such as Russia's energy sector. The sector sanctions could harm U.S. allies in Europe that do business with Russia, like Germany.

Obama spoke at a news conference Friday with German Chancellor Angela Merkel.

Merkel says sanctions on sectors of the economy aren't her preference, but she's prepared to implement them. She says first her focus will be on trying to ensure the Ukrainian elections go on.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
73°
66°
Sun
Isolated T-Storms
86°
65°
Mon
Mostly Sunny
80°
57°
Tue
Partly Cloudy
80°
57°
Wed
Mostly Sunny
84°
64°