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US says looking at 'broad range' of Russia sanctions

Ukrainian riot police stand guard around a regional state administration building in the Black Sea city of Odessa to prevent pro-Russian activists from storming the building, on March 3, 2014Washington is looking at a “broad range of options” for sanctions it could impose on Russia unless it defuses tensions in Ukraine, a senior US official said Monday. “This is a step we are very prepared to move forward on,” State Department spokeswoman Jen Psaki said, warning that the US administration is already examining sanctions on Russian individuals and institutions. “I would say that the steps that we are taking are having an impact,” she said, pointing as an example to an announcement from the G8, which symbolically called itself the G7, that it would skip preparatory meetings this week for a summit in Russia in June. “If you look at the sharp decline of the Russian ruble, if you look at the Russian stock market today, those are just two examples,” she said.

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