In announcing sanctions against Russian politicians and one bank Thursday, U.S. officials made clear that American financial institutions should prepare for more, and soon.
The European Union agreed Thursday to impose financial sanctions against Ukrainians linked to a violent crackdown on protestors that has resulted in the deaths of at least 75 people since Tuesday.
Military clashes in Ukraine are complicating behind-the-scenes efforts by some EU nations to prevent new sanctions and roll back existing financial restrictions targeting Russia.