Skip to content
Subscriber Only
Business
Economics

Obama Says Putin Must Pull Back on Crimea Annexation

President Barack Obama today imposed sanctions on seven top Russian government officials and four others from Ukraine and warned Russia will face more penalties if it doesn’t pull back from Crimea.

“Continued Russian military intervention in Ukraine will only deepen Russia’s diplomatic isolation and exact a greater toll on the Russian economy,” Obama said at the White House. The U.S. can “calibrate our response” based on whether Russia chooses “to escalate or to de-escalate the situation.”