U.S. Sanctions Russian Banks in Move With EU: Obama

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July 29 (Bloomberg) -- President Barack Obama speaks about new U.S. sanctions against Russia over its actions in Ukraine. Obama, speaking at the White House, said three Russian banks and a state-owned shipbuilder that serves Russia's navy and oil and gas industry have been added to the sanctions list as the U.S. joins the European Union in escalating penalties. (Source: Bloomberg)

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