Kiev, Ukraine (CNN) -- President Barack Obama's strategy for the Ukraine crisis reflects his internationalist foreign policy while adhering to the age-old maxim that money talks. He sent Secretary of State John Kerry to Kiev on Tuesday to forcefully condemn Russia for seizing effective military control of the Crimea region. At the same time, Kerry announced $1 billion in loan guarantees to help insulate the Ukrainian economy from the effects of reduced energy subsidies from Russia. It all is part of the still simmering breakup of the old Soviet Union more than two decades ago, with Russian President Vladimir Putin seeking to maintain Russia's influence and economic ties in a region being wooed by the European Union and Washington for increased trade and other links.
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NEW: Analyst says European allies must join U.S. in sanctions effort
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President Obama says most nations believe Russia violated international law
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$1 billion aid package announced as U.S. considers sanctions against Russia
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Secretary Kerry says Russia tries to create a false pretext to further invade Ukraine
"Expediting approval of natural gas exports is one clear step the U.S. can take to stand by our allies and stand up to Russian aggression, while creating @placeholder jobs at the same time," he said.