Wednesday, July 30, 2014

Moscow Fights Back After Sanctions

Russia's President Vladimir Putin (C) chairs a government meeting at the Novo-Ogaryovo state residence outside Moscow, July 30, 2014. Credit: REUTERS/Alexei Nikolskyi/RIA Novosti/Kremlin

Moscow Fights Back After Sanctions; Battle Rages Near Ukraine Crash Site -- Reuters

(Reuters) - Russia fought back on Wednesday over new U.S. and EU sanctions imposed over Ukraine, where fighting between Moscow-backed rebels and government troops has intensified since a Malaysian airliner was shot down.

The confrontation between Moscow and the West entered a new phase this week, with the United States and European Union taking by far the strongest international steps yet against Moscow over its support for Ukraine's rebels.

New EU and U.S. sanctions unveiled on Tuesday restrict sales of arms and equipment for the oil industry, while Russian state banks are barred from raising money in Western capital markets.

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More News On Russian Reaction To Sanctions

Russia Defiant in Face of Expanded U.S. and EU Sanctions -- WSJ
Russia takes defiant stance in face of tough EU and US sanctions -- The Guardian
Russia’s central bank vows to support banks hit by new sanctions -- Washington Post
As Sanctions Pile Up, Russians’ Alarm Grows Over Putin’s Tactics -- New York Times
Europe, U.S. Significantly Expand Sanctions Against Russian Economy -- WSJ
Ukraine Welcomes Sanctions, While Russia Belittles Them -- New York Times
New sanctions for Russia—here's where they'll hurt -- CNBC
U.S., EU coordinate on Russia sanctions, but will they work? -- Tom Cohen, CNN

1 comment:

Unknown said...

Are there too many people pictured in this meeting?

That said Putin is holding meetings while some other unmentionable guy skips intel briefings, meets his czars but not the appointed cabinet heads and hold fund raisers.