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WATCH: Obama Warns Russia of ‘Costs’ for Ukraine Invasion

Friday afternoon President Obama gave a brief statement to the press concerning the unfolding situation in the Ukrainian state of Crimea as reports emerge of a Russian military occupation.

Obama said that the U.S. is now, “deeply concerned” over reports of Russian troop movement inside of Ukraine. He said that he stands firmly with the international community in assuring Russia that there will be “costs” for any military intervention in Ukraine.

Russian ‘Invasion’ of Ukraine: 5 Fast Facts You Need to Know

Reports from inside Crimea say that at least 2,000 Russian troops have landed in Ukraine.

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