President Barack Obama speaks as he attends a joint press conference with Japanese Prime Minister Shinzo Abe at the Akasaka State Guest House in Tokyo, Thursday, April 24, 2014. (AP Photo/Junko Kimura-Matsumoto, Pool)
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Accusing Russia of failing to live up to its commitments, President Barack Obama warned Moscow on Thursday that the United States has another round of economic sanctions "teed up" -- even as he acknowledged those penalties may do little to influence Vladimir Putin's handling of the crisis in Ukraine.With no appetite in the U.S. for a military response, Obama is largely banking on Putin, the Russian president, caving under a cascade of economic sanctions targeting his closest associates.The president's comments came one week after Russia signed an agreement with the U.S., Ukraine and Europe that called for pro-Russian forces to leave the government buildings they have occupied throughout eastern Ukraine and allow international monitors into the region.The president said the U.S. has crafted a new package of sanctions to punish Russia for failing to follow through on the Geneva accord, but he stopped short of saying he had, in fact, decided to move forward with those penalties.
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