Good morning! Here’s what you need to know: Russian Sanctions. The Obama administration announced another round of sanctions on Russia in response to ongoing tensions on the Ukrainian border. “The sanctions are targeted at a series of large banks and energy and defense firms, marking a significant escalation in the U.S.’s standoff with Russia,” reported BI’s Brett Logiurato. “Up to this point, the sanctions had only been aimed at several Russian individuals and their businesses involved in the destabilization of the situation in Ukraine. Among the targeted firms on the new sanctions list include Rosneft, the world’s largest oil company; …read more
Source: Business Insider