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Treasury Undersecretary for Terrorism and Financial Intelligence David Cohen tells CBS News State Department Correspondent Margaret Brennan that sanctions the United States put on Russian leaders for their intervention in Ukraine were effective

Treasury Undersecretary for Terrorism and Financial Intelligence David Cohen makes the case to CBS News State Department Correspondent Margaret Brennan that sanctions the United States put on Russian leaders for their intervention in Ukraine were effective.

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Amid fears that the Russian annexation of Crimea is the just the beginning of things to come, Ukrainian forces along the Russian border have begun preparing for war.

Amid fears that the Russian annexation of Crimea is the just the beginning of things to come, Ukrainian forces along the Russian border have begun preparing for war. Ukraine’s defense minister has put the call out for tens of thousands of volunteers to take up arms in case of a Russian invasion. Charlie D'Agata reports.

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Secretary of State John Kerry told CBS News affiliate WUSA that while Russian leaders may be pretending to ignore sanctions imposed on them because of their actions in Ukraine, they'll soon learn that "this bites"

Secretary of State John Kerry told CBS News affiliate WUSA that while Russian leaders may be pretending to ignore sanctions imposed on them because of their actions in Ukraine, "when they go home and their cronies and friends lose their apartments and their rich properties and they can't move their money and they can't travel to places," they’ll figure out that "this bites."

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During a joint statement in Poland with Prime Minister Donald Tusk, Vice President Joe Biden said the United States joins the international community in condemning the “brazen, brazen military incursion” by Russia’s leaders in Ukraine

During a joint statement in Poland with Prime Minister Donald Tusk, Vice President Joe Biden said the United States joins the international community in condemning the “brazen, brazen military incursion” by Russia’s leaders in Ukraine.

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The White House has not reacted to Putin's decision Monday to recognize Crimea as an independent state

The White House has not reacted to Putin's decision Monday to recognize Crimea as an independent state. That announcement came just hours after President Obama announced sanctions and threatened further action if Russia does not respond. White House officials say the president is holding back because he still wants to leave the door open for a negotiated solution. Bill Plante reports.

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