Fallout after 'War of Words' between President Obama and Russian President Putin

Russian President Vladimir Putin fires back against US sanctions against Russia.
3:00 | 03/21/14

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Transcript for Fallout after 'War of Words' between President Obama and Russian President Putin
developing story the fallout after the war of words between president Obama and Russian president Sa Vladimir Putin, first U.S. Sanctions against Russia and then Putin firing back. And Putin made it official just look at the map tonight. Crimea, that strategic part of Ukraine, no longer part of Ukraine, now Russia. I want to bring in ABC chief global affairs correspondent Martha Raddatz, last year tonight, we reported on Putin's laughing off those sanctions, any sign tonight that Putin is feeling the pain? The Russian stock market is weaker, but absolutely nothing has changed in terms of what Putin has done in crimea or what he might do next, in in fact the number of troops on the border of Ukraine is steadying increasing by the day. 20,000 to take parts of eastern Ukraine and they could do it with little or no warning. That's the big question, Martha, how likely is it that Putin will go forward? They're saying it's a spring military exercise. But they're saying the U.S. Is very skeptical of that. Lots of worry, David. Martha, thank you. Much more, she's in for George this weekend, Sunday, right here on ABC's "This week."

This transcript has been automatically generated and may not be 100% accurate.

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