VIDEO: Obama Warns Russia Of ‘costs’ For Intervention In Ukraine

President Barack Obama warned Russia that military intervention in Ukraine would lead to “costs,” as tension with old foe President Vladimir Putin rose in a Cold War-style crisis. “We are now deeply concerned by reports of military movements taken by the Russian Federation inside of Ukraine,” he told reporters. A U.S. official said, Obama and European leaders would consider skipping a G8 summit this summer in the Russian city of Sochi if Moscow intervenes militarily in Ukraine.

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