At least one person was killed in Friday demonstrations in eastern Ukraine. The country is in turmoil after Russia sent troops into Ukrainian territory, following the ouster of the country's pro-Russian president. Secretary of state John Kerry and his Russian counterpart are looking for a diplomatic solution before Ukrainians in Crimea vote to secede on Sunday.
"It is not a referendum that any of us can recognize in any Democratic society," British Foreign Minister William Hague said.
If the sanctions go as planned, they will go into effect on Monday, the day after the referendum in Ukraine's Crimea region on joining Russia.
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