![Obama Announces New Sanctions Against Russia Over Ukraine Obama Announces New Sanctions Against Russia Over Ukraine](https://mtic.us/wp-content/uploads/2014/07/us-sanctions-310x168.jpg)
President Barack Obama delivered a statement on the crisis in Ukraine Wednesday, announcing that the U.S. would impose new sanctions against Russia. Obama said the U.S. would level “significant but targeted” sanctions due to Russia’s failure to deescalate in Ukraine.