Obama threatens Russia with new sanctions over Ukraine

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‘President Barack Obama acknowledged during an impromptu press conference on Thursday afternoon that the United States is considering new sanctions to impose against Russia over the escalating crisis in Ukraine.

From the White House, Pres. Obama told reporters that he’s certain Russia is playing a direct role in the ongoing fighting in eastern Ukraine between anti-Kiev separatists and the country’s military, and that the US is weighing further sanctions to intensify the restrictions previously waged against Moscow.

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“As a result of the action Russia has already taken and the major sanctions we’ve imposed,” Obama said, “Russia is already more isolated than any time since the end of the cold war.”

“The separatists are backed, trained, armed, financed by Russia. Throughout this process we’ve seen deep Russian involvement in everything that they’ve done,” Obama added.

That behavior, he added, “will only bring more cost and consequences to Russia.” After speaking with allies, Obama continued, he expects a new wave of sanctions to come soon. The president is expected to meet with NATO partners next week, and said the US “will continue to stand firm with our allies and partners” to protect Ukraine from further encroachment.’