The United States and the European Union are slapping new economic sanctions on Russia over the conflict in eastern Ukraine.
US President Barack Obama contends the new measures will make Russia's "weak economy even weaker".
"The United States is imposing new sanctions in key sectors of the Russian economy - energy, arms and finance. We are blocking the exports of specific and technologies to the Russian energy sector, we're expanding our sanctions to more Russian banks and defence companies and we are formally suspending credit that encourages exports to Russia and financing for economic development projects in Russia."
The European Union has also adopted new economic sancti
