The United States has imposed its most wide-ranging sanctions yet on Russia's economy over Moscow's "provocative" behavior in Ukraine.
The sanctions included Gazprombank and the Rosneft Oil Co, and other major banks and energy and defense companies.
Washington has steadily escalated its financial sanctions on Russia over what it views as Moscow's interference in its neighbour Ukraine.
A senior US administration official told reporters on a conference call that the sanctions were designed to avoid spillover risk for the global economy.
President Barrack Obama is due to shortly make a statement on the Russian sanctions, the White House said.
More top news
Scientists have discovered the oldest known earth-size planets discovered which they say raises the prospect of 'ancient life'.
Auschwitz survivor Alina Dabrowska was a victim of the cruel experiments of Nazi doctor Josef Mengele, known as "the Angel of Death."
Here are just some of the faces and stories of Auschwitz survivors 70 years on from the concentration camp's liberation.