New sanctions announced against Russia
Posted: Apr 29, 2014 12:36 AM EST | Updated: Nov 5, 2014 11:32 PM EST
The White House just announced new sanctions against Russian officials and companies with ties to Russian President Vladimir Putin.
They are the latest effort to pressure Moscow to stop military action in Ukraine.
So far, the sanctions have not had a major impact as Russian loyalists continue to slowly take over Eastern Ukraine.
If this round of sanctions does not work, the next round could affect the country's banking center.
