March 3, 2014
The Obama administration is preparing sanctions to punish Russia for its intervention in Ukraine and is “likely” to impose them, the State Department declared Monday.
State Department spokeswoman Jen Psaki said that planning for sanctions has gone into overdrive following stepped up Russian interference in the Crimea region, including unconfirmed reports that Russia has given Ukrainian troops in the Crimea until 10 p.m. EST to surrender.
“At this point we’re not just considering sanctions; given the actions Russia has taken it is likely that we will put those in place,” Psaki said. “And we are preparing that right now.”