Obama, Merkel threaten Russian sanctions

|By:, SA News Editor

President Obama and German Chancellor Angela Merkel have threatened to increase Russian sanctions, if the country does not work to de-escalate the crisis in Ukraine. U.S. officials believe pro-Russian separatists are receiving a steady flow of weapons and fighters from Russia.

With the authorization from President Petro Poroshenko, Ukraine this week has been advancing on rebel strongholds along its eastern border.

ETFs: RSX, RUSL, RSXJ, ERUS, RUSS, RBL, RUDR