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US to Impose New Russia Sanctions in Wake of EU Commitment

The U.S. will join the European Union in imposing another round of Russian sanctions on Sept. 12, said President Barack Obama the day before in a statement. The measures will again target the Russian financial, energy and defense sectors. "We…

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are implementing these new measures in light of Russia’s actions to further destabilize Ukraine over the last month, including through the presence of heavily armed Russian forces in eastern Ukraine," said Obama. "These measures will increase Russia’s political isolation as well as the economic costs to Russia, especially in areas of importance to President Putin and those close to him."