West considers new sanctions on Russia

|By:, SA News Editor

The U.S. and EU are likely to impose another round of sanctions on Russia, following heavy firefights in new regions along Ukraine's eastern border, and a NATO warning that stated Russia had moved "well over 1,000 troops" into the country.

Despite the severe escalation, President Obama ruled out military intervention in the region, but outlined the necessity to consider additional economic sanctions on Russia.

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