EO

It authorizes Treasury Secretary Jack Lew to work with Secretary of State John Kerry to impose sanctions on “any individual or entity that operates in the Russian arms industry, and any designated individual or entity that acts on behalf of, or that provides material or other support to, any senior Russian government official,” the White House said in a statement. [More]

From The White House:

Accordingly, I hereby order:
Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person (including any foreign branch) of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:
(i) the persons listed in the Annex to this order; and
(ii) persons determined by the Secretary of the Treasury, in consultation with the Secretary of State:
(A) to be an official of the Government of the Russian Federation;
(B) to operate in the arms or related materiel sector in the Russian Federation;

So does this mean we can expect to hear more about Mike's prediction?

[Via Doug Rink]