also at 11:00, they are due to meet with nato military alliance and president obama delivers remarks as comments originally suppose fobd cussed on minimum wage are likely to include some mention of the crisis in ukraine we're told. >>> let's begin with our coverage of russian lawmakers drafting legislation that would allow moscow to confiscate assets of american and european companies. the russian retaliation of sanctions could have a relatively small impact on the u.s. russian interests make up 1% of american trade but europe has far more to lose. since trade has ballooned in post-soviet times. just the first nine months of the last year the european union imported more than $200 billion worth of goods from russia. coroner nn's phil black is in moscow. is there an appetite for sanctions that could end up punishing both sides? >> reporter: well, recent history shows when russia is targeted by sanctions, it lashes out. officials here talk about