Wednesday, March 19, 2014

Europe Divided In Implementing More Sanctions Against Russia



European Rifts Emerge Over Sanctions For Russia -- Wall Street Journal

EU Is Divided Over How to Share Pain Of Deeper Sanctions

A chorus of Western leaders railed against Russian President Vladimir Putin on Tuesday for signing a treaty to annex the breakaway region of Crimea, but divisions immediately emerged in Europe over how to punish Moscow for the move.

During a visit to Poland, Vice President Joe Biden said the U.S. joined "the international community in condemning the continuing assault on Ukraine's sovereignty," warning that Russia faced "additional sanctions by the United States and the European Union." In Tokyo, Japan Foreign Minister Fumio Kishida announced the country would suspend talks with Russia on relaxing visas and investment, space cooperation and defense accords.

Read more ....

More News On The Possibility Of Additional Sanctions Being Imposed On Russia

EU Clashes Over Ways to Punish Russia Beyond Blacklist -- Bloomberg Businessweek
EU Leaders Set to Modestly Step Up Russia Sanctions -- Wall Street Journal
U.S. warns Russia: More sanctions coming due to Ukraine crisis -- CNN
Europe weighs hurting own economy to press Russia amid Crimea crisis -- Washington Post
Ukraine crisis: Russia warns West over Crimea sanctions -- BBC
India not to support western sanctions against Russia -- Times of India
Rosneft Chief Says Sanctions Won’t Delay Morgan Stanley Deal -- Bloomberg Businessweek
More sanctions against Russia on the way? -- Puneet Kollipara, Washington Post
West's sanctions on Russia: Are they just for show? -- Alexander Nekrassov, former Kremlin adviser, Special to CNN

My Comment: The money traders are unimpressed with these sanctions (and possible future sanctions) .... Ruble Strengthens Following Crimea Reunification Treaty -- RIA Novosti

2 comments:

Don Bacon said...

"The difficulty of striking that balance was underscored Tuesday as the U.K. and France were at odds over who should bear the brunt of tougher sanctions—U.K. banks or French defense firms."

It definitely WON'T be the City of London banks.

War News Updates Editor said...

That's so true Don Bacon