Tags: Ukraine | Russia | sanctions | US

US Looking at 'Broad Range' of Russia Sanctions

Monday, 03 Mar 2014 02:32 PM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

Washington is looking at a "broad range of options" for sanctions it could impose on Russia unless it defuses tensions in Ukraine, a senior US official said Monday.

"This is a step we are very prepared to move forward on," State Department spokeswoman Jen Psaki said, warning that the US administration is already examining sanctions on Russian individuals and institutions.

"I would say that the steps that we are taking are having an impact," she said, pointing as an example to an announcement from the G8, which symbolically called itself the G7, that it would skip preparatory meetings this week for a summit in Russia in June.

"If you look at the sharp decline of the Russian ruble, if you look at the Russian stock market today, those are just two examples," she said.

Psaki said there was no time-frame as yet for when the United States could impose sanctions, but added "we're looking at a broad range of options, whether that's individuals, whether that's institutions, whether that's officials, those are all under consideration."

Washington was working "in lockstep" with its European allies on the question of imposing sanctions on Moscow, as Russia appeared to tighten its grip on Ukraine's southern Crimea peninsula.

"We work closely with them as we look to take steps, whether that's sanctions, whether that's economic assistance, whether that's efforts to support the IMF, whether that's efforts to hold others accountable," Psaki told reporters on a phone conference call.

"We will keep them informed of what we're considering," she said.

US Secretary of State John Kerry said on Sunday that sanctions could be considered to try to rein in Russia's military intervention in Crimea.

And he further warned that Russia could be stripped of its membership of the prestigious Group of Eight most industrialized nations, saying its actions were incompatible with G8 principles.


© AFP 2014

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Experts: Attack Could Cost Sony Half a Billion Dollars

Friday, 19 Dec 2014 21:11 PM

The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in reve . . .

Pete Hoekstra on Sony Attack: NKorea 'Had Help in Doing This'

Friday, 19 Dec 2014 21:06 PM

The Obama administration formally accused North Korea of hacking Sony Pictures Entertainment on Friday, but former House . . .

Obama Administration Denies Advising on Move to Pull 'The Interview'

Friday, 19 Dec 2014 20:20 PM

President Obama sat for an interview Friday with CNN and rebutted any notion that Sony Pictures consulted with the White . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved