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Caucasus/Russia/Central Asia |
US, Europe escalate economic sanctions on Russia |
2014-07-17 |
[ARABNEWS] Both the US and European Union ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... imposed new economic sanctions on Russia Wednesday, with President Barack Obama Jedi mind meld... declaring that Russian leaders must see that their actions supporting Ukraine's rebels "have consequences." Though the American and European sanctions were coordinated, they nonetheless exposed fissures in what the West has tried to project as a united front in its months-long effort to isolate Russian President Vladimir Putin ![]() . Ukraine and the West have accused Russia of fomenting a pro-Russia insurgency in eastern Ukraine by sending troops and weapons across its border with the former Soviet republic, something Moscow denies. The insurgency was sparked by Russia's annexation of the Crimean Peninsula from Ukraine earlier this year. The penalties announced by the White House were broad in scope, targeting two major Russian energy firms, a pair of powerful financial institutions, eight arms firms and four individuals. Leaders in Europe, which has a far deeper economic relationship with Russia than the US, were more restrained, ordering investment and development banks on the continent to suspend financing agreements with Moscow. |
Posted by:Fred |
#8 KAL 007 That now puts the Russians one-up on everyone else, doesn't it. |
Posted by: Pappy 2014-07-17 20:53 |
#7 Before O and the EUnics lean on Russia too much with sanction-o-mania, they should consider THIS (LINK). 30% of Europe's natural gas comes from Russia and 16% of the gas flows through pipelines in the Ukraine. Of course, if LNG were exported from the US to Europe, much of the shortfall would be neutralized, but the O administration and the EUnics are not the brightest bulbs in the store. I would not expect nothing from these people but rhetoric. |
Posted by: Alaska Paul 2014-07-17 19:18 |
#6 KAL 007 |
Posted by: Procopius2k 2014-07-17 18:57 |
#5 And if the families of these Americans will sue the Malaysian Company for flying over a war zone---they'll probably win (in American court). For that matter Iran Air Flight 655 sounds familiar? How about Siberia Airlines Flight 1812? |
Posted by: g(r)omgoru 2014-07-17 17:30 |
#4 I thinkl they did already with their missile today - 295 dead, among them Americans. I won't add my personal reply to you |
Posted by: Frank G 2014-07-17 14:55 |
#3 This is an interesting metaphor, Pappy. Tell you what: how much are you willing to bet that, within a month, Russia---relying on "responsibility to protect"---will declare Eastern Ukraine a no fly zone? |
Posted by: g(r)omgoru 2014-07-17 14:41 |
#2 Or whacking the bear between its eyes to get its attention? |
Posted by: Pappy 2014-07-17 14:17 |
#1 Trying to convince Russia it has nothing to lose? |
Posted by: g(r)omgoru 2014-07-17 02:49 |