The U.S. has announced a second round of sanctions in protest of Russia's takeover of Crimea. President Obama said the new sanctions would hurt the Russian economy.
Meanwhile, the Russian takeover of Crimea is scaring off investors. Companies stocks are suffering, Russia's richest people are also losing money and smaller businesses are scared about the future.
The Atlantic’s Derek Thompson joins Here & Now’s Sacha Pfeiffer with details.
This segment aired on March 20, 2014.