US and EU impose sanctions on Russia; Ukraine strengthens military

The United States and European Union, imposed sanctions on Russian and Crimean officials involved in the separation of Crimea from Ukraine, after Russian President Vladmir Putin signed a decree that declared Crimea a sovereign state today.

Anticipating further moves by Russia to appropriate other parts of Ukraine, the US President, Barack Obama, said,

“If Russia continues to interfere in Ukraine, we stand ready to impose further sanctions.”

Meanwhile, in light of Russia's declaration of sovereignty in Crimea, the Ukrainian parliament approved the mobilisation of its 40,000 reserves and allocated $600 million of its budget to stock up on military equipment.

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