Obama warns Russia ongoing Ukraine crisis has a cost

US President Barack Obama has warned Russia that the West will be forced to apply a cost to Moscow if it fails to change course in the ongoing Ukraine crisis.

Ukrainian Prime Minister Arseniy Yatsenyuk and US President Barack Obama in the Oval Office.
Ukrainian Prime Minister Arseniy Yatsenyuk and US President Barack Obama in the Oval Office. Credit: REUTERS/Larry Downing

Obama held face-to-face talks with the new Ukrainian Prime Minister Arseniy Yatsenyuk in the White House and told reporters, "We will stand with Ukraine."

Yatsenyuk said Ukraine is ready for talks and vowed, "We will never surrender" to Russia.

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Referendum 'no different to Scotland', Crimea minister says

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