Vladimir Putin Moves Closer to Annexing Crimea

Russian president considers sanctions targeting U.S. officials.
3:00 | 03/18/14

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Transcript for Vladimir Putin Moves Closer to Annexing Crimea
Now the other big story, the escalating crisis in Ukraine after crimea voted to break away and join Russia. Defiant president Putin is ignoring sanctions from the United States and Europe. Jonathan Karl is at the white house with the very latest on these tense standoffs. Good morning, Jon. Reporter: Good morning, robin. Russians are openly mocking the sanctions imposed by president Obama and this morning Vladimir Putin is charging ahead towards a full-blown takeover of crimea. In defiance of the United States and the U.N., this morning Russian president Vladimir Putin approved a plan to make crimea part of Russia. The move comes just after president Obama hit Russia with a first round of sanctions and threatened more to come. We're making it clear that there are consequences for their actions. If Russia continues to interfere in Ukraine we stand ready to impose further sanctions. Reporter: The sanctions frees the assets of 11 individuals and ban them from doing business with Americans. The sanctioned officials include two of president Putin's top advisers and Russia's deputy prime minister who responded by mocking president Obama on Twitter. I think the decree of the president of the United States was written by some joker," he tweeted. The U.S. Sanctions don't hit Putin himself, at least not yet. Our sanctions on Vladimir Putin freezing Vladimir Putin's assets? Is that something that is on the table, actively under consideration? I'm not going to specify where possibilities lie right now except to say that we have an active effort under way to assess what further steps and what further sanctions we can and could impose. Reporter: This morning president Putin was addressing the Russian parliament making

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