US, EU levy fresh sanctions on Russian officials, firms

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In a coordinated move, the United States and the European Union impose fresh sanctions against Russia over the crisis in Ukraine.

The White house says that seven Russian officials as well as 17 firms linked to President Vladimir Putin have been added to the sanctions list. The EU in a similar move said it has agreed to impose sanctions on 15 Russian and Ukrainian figures. Among the targeted individuals are the head of the state oil giant Rosneft Igor Sechin, Deputy Prime minister Dimtry Kozak and senior lawmaker aleksei pushkov. Russia was quick to react saying it will give a painful response to the new western sanctions. The US and the EU accuse Moscow of interfering in the situation in Ukraine but Moscow denies the allegation.

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