Obama to make statement on Russia sanctions, U.S. warns more possible

WASHINGTON, July 16 Wed Jul 16, 2014 4:56pm EDT

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WASHINGTON, July 16 (Reuters) - The United States warned on Wednesday that it could expand the scope and target list of its new sanctions against Russia if Moscow continues "provocative" behavior in Ukraine.

A senior U.S. administration official told reporters on a conference call that the sanctions were also designed to avoid spillover risk for the global economy.

President Barack Obama will make a statement about the sanctions at 5:15 EDT (2115 GMT), the White House said. (Reporting by Jeff Mason and Steve Holland; Editing by Eric Beech)