Sanctions imposed on Russia

March 17, 2014

(AP/David Azia)
Self defense volunteers line up outside the Parliament in Kiev, Ukraine, Monday, March 17, 2014. A referendum held in Crimea on Sunday was widely condemned by Western leaders who were planning to discuss economic sanctions to punish Russia on Monday. Ukraine's new government in Kiev called the referendum a "circus" directed at gunpoint by Moscow.

On Monday, President Obama said he had authorized additional sanctions in response to Russia's actions in Crimea. We'll take a look at how the sanctions will be applied with Anders Aslund, a senior fellow at the Peterson Institute for International Economics.