Obama announces new sanctions on Russia over Ukraine crisis

WASHINGTON, July 16 Wed Jul 16, 2014 5:57pm EDT

WASHINGTON, July 16 (Reuters) - President Barack Obama announced new sanctions against Russia on Wednesday over what he called a failure by Moscow to take any steps to stop an escalation of violence in eastern Ukraine.

Obama, in an appearance in the White House press briefing room, said the new actions showed there were consequences to Russian President Vladimir Putin's aggression in the region.

(Reporting by Steve Holland; Editing by Peter Cooney)

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