Russian leader Vladimir Putin responds to President Obama jurisdiction about new sanctions.
Putin warned to take U.S./Russian relations to a dead end.
The new sanctions are targeted to impact Moscow politician’s energy firms, banks and arms dealers.
"What we are expecting that the Russian leadership will see once again that its action in Ukraine have consequences including a weakening Russian economy and increasing diplomatic isolation,” said President Obama.
President Obama said Russia is still sending fighters and weapons into Ukraine despite his warning to Russian President Putin.