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APR 11, 2014 - Huffington Post

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U.S. Warns Russia Of Tougher Sanctions Over Ukraine

WASHINGTON (AP) — Treasury Secretary Jacob Lew told his Russian counterpart on Thursday that Russia could face tougher economic sanctions because of its actions in Ukraine. The U.S. Treasury said that Lew warned Russian Finance Minister Anton Siluanov that the United States is prepared to impose "additional significant sanctions" if Russia escalates the Ukraine situation. Treasury said in a statement that Lew described Russia's annexation of Crimea as "illegal and illegitimate." Lew's discussions with Siluanov came in advance of meetings Thursday of finance officials from the Group of Seven ... Read More

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