Obama Says Sanctions Imposed on Russian Companies

Obama Says Sanctions Imposed on Russian Companies Play

July 16 (Bloomberg) -- President Barack Obama speaks about his administration's decision to impose sanctions on large Russian banks, energy companies and defense firms, the latest escalation in the confrontation over Ukraine and one aimed at squeezing Russia’s $2 trillion economy. Obama, speaking at the White House, also comments on Afghanistan’s elections, negotiations aimed at reaching an accord on Iran's nuclear program and efforts to end violence between Israel and Hamas. (Source: Bloomberg)

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