By  on March 17, 2014

WASHINGTON — Equity markets appeared unfazed by the sanctions the U.S. and European Union imposed on Russian government officials and Ukrainian separatists on Monday, following a referendum in Crimea to secede from Ukraine, which was supported by Russia but condemned by the international community.

Though the sanctions targeted individuals and did not involve any trade sanctions against Russia, President Obama warned in a news conference that the U.S. and international community will consider further sanctions if Russia continues to provoke Ukraine.

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