MANILA (Reuters) - President Barack Obama said the United States will on Monday impose new sanctions on Russia targeting individuals and companies over the crisis in Ukraine, a move expected to be followed by separate punitive measures from the European Union.
Obama said the latest sanctions would restrict some high-tech exports to Russia’s military, and he warned that a future phase could bring broader "sectoral" sanctions against Russian industries such as banking and defence if Moscow waged further "aggression" against Ukraine.
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