The G-7 leaders say they are ready to further intensify sanctions against Russia if they do not deescalate in regards to Ukraine, reports CNBC's Steve Liesman.
Jason Poblete, Poblete Tamargo partner, discusses how additional sanctions that target key areas will likely impact Russia's economy. At the heart of this issue is energy, says Poblete.
Katie Koch, head of global portfolio solutions international at Goldman Sachs, says that while the sanctions are likely to weigh on the Russian economy, the risk of contagion to other emerging markets is low.
Lilit Gevorgyan, Russia analyst at IHS Global Insight, discusses how the economic sanctions against Russia will affect the country and says that on the military side, the impact will be very limited.
Yannick Naud, portfolio manager at Sturgeon Capital, says the latest EU sanctions against Russia are "very strong" and explains how they are likely to impact both Russia and European countries.
Allegations about Russia massing troops near Ukraine and supplying weaponry to rebels are not proven, says Leonid P. Moiseev, Russian Federation's Ambassador to Singapore.
Leonid P. Moiseev, Russian Federation's Ambassador to Singapore, says the country may retaliate with visa restrictions and economic sanctions.
Russia won't isolate itself from the world and will eventually reach an agreement with the West, says Mark Mobius, Executive Chairman of Templeton Emerging Markets Group.
Raymond Tanter, Professor Emeritus at the University of Michigan, says the U.S. has done a "great job" in bringing its European allies along on tougher Russia sanctions.
President Obama says the sanctions are not a declaration of a new Cold War against Russia, but specific issue related to Russia's unwillingness to recognize Ukraine can chart its own path.
President Obama told a news conference on Tuesday that the new sanctions against Russia unleashed by the U.S. and European Union were not part of a "new Cold War."
President Obama announces the United States is imposing new sanctions to key sectors of the Russian economy including, energy, arms and finance. The U.S. will also block exports of specific goods and suspending credit for projects in Russia.
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
President Barack Obama announced new sanctions against key sectors of the Russian economy but denied that the U.S. is in a new Cold War with Russia.
According to Reuters, the U.S. will sanction Russian financial institutions. CNBC's Michelle Caruso-Cabrera reports the details.
Good news for driving consumers amid geopolitical tensions, with CNBC's Jackie DeAngelis.
CNBC's Michelle Caruso-Cabrera reports the European Union will limit access to EU capital markets for state-owned banks among its sanctions against Russia.
President Obama wrote to Russian President Putin to inform him the U.S. government had determined Russia violated a nuclear treaty.
The White House also said Tuesday that the U.S. could announce new sanctions on Russia "as soon as today."
Insight to the fighting in the Middle East, with the "Power Lunch" crew, and new sanctions against Russia, with CNBC's Michelle Caruso-Cabrera.