Thursday, March 20, 2014

President Obama Announces More Sanctions Against Russia


U.S. Expanding Sanctions Against Russia Over Ukraine -- New York Times

WASHINGTON — President Obama on Thursday announced he would expand sanctions against Russia, targeting individuals who support the government and a bank with ties to them, and delivering on his warning earlier this week that the United States would ratchet up costs on Russia if it moved to annex the breakaway province of Crimea.

“The United States is today moving, as we said we would, to impose additional costs on Russia,” Mr. Obama said in a statement on the South Lawn of the White House before leaving on a trip to Florida.

“These are all choices that the Russian government has made, choices that have been rejected by the international community,” he said.

Read more ....

More News On President Obama Announcing More Sanctions Against Russia

Obama expands U.S. sanctions on Russians over Ukraine annexation -- Reuters
Obama orders new round of sanctions on Russia -- AP
Obama Ups Sanctions On Russian Government and ‘Cronies’ -- Time
US blacklists 20 Russian officials and businessmen, threatens to sanction economy -- RT
Obama Announces New Sanctions Against Russia -- RIA Novosti
Obama Says U.S. Enacting Fresh Penalties on Russia for Annexing Crimea -- Wall Street Journal
Obama Orders New Sanctions on Russian Officials to Press Putin -- Bloomberg Businessweek
U.S. To Impose Sanctions On More Russian Officials -- NPR
Obama announces more sanctions against Russia -- USA Today
U.S. poised to slap sanctions on ‘key sectors’ of Russia’s economy, Obama warns -- McClatchy News
Obama Announces Additional Sanctions on Russians Involved in Crimea -- Voice of America
New U.S. sanctions cover bank, 20 people linked to Russia's Crimea action -- Reuters
Obama: U.S. Could Target 'Key Sectors of the Russian Economy' -- NBC
Obama: US imposes further sanctions against Russia due to its policy towards Ukraine -- ITAR-TASS

1 comment:

Don Bacon said...

Obama--
Mar 20, 2014
Executive Order -- Blocking Property of Additional Persons Contributing to the Situation in Ukraine

... Accordingly, I hereby order:

Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person (including any foreign branch) of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:
any person determined by the Secretary of the Treasury, in consultation with the Secretary of State:
(i) to operate in such sectors of the Russian Federation economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State, such as financial services, energy, metals and mining, engineering, and defense and related materiel;

They will be burning the midnight oil tonight in Detroit:

General Motors Co. operates a factory in St. Peterburg to serve the market, and the automaker is boosting capacity to build about 350,000 vehicles in Russia.

"We're watching the situation very closely on all fronts to be prepared to act," GM President Dan Amman said. "It's a bıg market for us."

Ford makes the Focus compact and mid-sized Mondeo at a plant in Russia's Leningrad region. The U.S. company has a partnership with OAO Sollers that's gearing up to build the EcoSport sport-utility vehicle and Edge crossover this year.