- The Washington Times - Friday, September 12, 2014

The Obama administration slapped more sanctions Friday against the Russian financial, energy and defense industries as punishment for Moscow’s continued military aggression in eastern Ukraine.

Treasury Secretary Jack Lew said previous sanctions will be extended to Russia’s largest bank, Sberbank, and to Rostec, a major Russian conglomerate in the defense sector, among others.

The U.S. and the European Union have imposed a series of sanctions against Russian individuals and firms in an effort to force Russian President Vladimir Putin to de-escalate the crisis.

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