Obama Orders Sanctions Against Ukraine Agitators The Obama Administration is planning to target people in Ukraine and Russia it believes are destabilizing Ukraines political transition or involved in the crisis in Crimea with a fresh round of economic sanctions President Barack Obama ordered a round of financial sanctions Thursday targeting individuals and corporations that the administration sees as destabilizing Ukraine or involved in the crisis in Crimea. The executive order authorizes Treasury Secretary Jack Lew to freeze assets of individuals or entities found to be “responsible for activities undermining democratic processes or institutions in Ukraine; threatening the peace, security, stability, sovereignty, or territorial integrity of Ukraine; contributing to the misappropriation of state assets of Ukraine; or purporting to assert governmental authority over any part of Ukraine without authorization from the Ukrainian government in [Kiev].” “We believe there need to be costs and consequences for Russia for what they’ve already done in Crimea,” a senior administration official said. ~ Zeke J Miller, TIME
Posted on: Thu, 06 Mar 2014 14:53:48 +0000
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