Defense

Russia hit by new U.S. sanctions

The United States has imposed new sanctions on lucrative Russian energy and defense entities, as well as major banks. The Obama administration is trying disable...

Federal News Radio Custom Media@WTOPWFEDcustom

July 17, 2014 5:01 pm

< a min read

The United States has imposed new sanctions on lucrative Russian energy and defense entities, as well as major banks. The Obama administration is trying disable an insurgency in eastern Ukraine widely believed to be backed by Moscow. Prior U.S. sanctions hit Russian individuals and companies. The new sanctions stop short of fully cutting off key Russian economic sectors.