Beware Russia: Expect More Sanctions From The West -- Fortune
Critics may think the U.S. and Europe haven’t been aggressive enough with Russia, but a closer look suggests more sanctions are under way.
The tragic downing of Malaysian Airlines flight MH17 accelerates pressure on the West to put full “sectoral” sanctions in place targeting entire industries across Russia. The economic disruption could be profound, but the West—backed by a larger, stronger economies and central banks flush with liquidity liquidity—is far more resilient than Russia for what is to come.
It is easy to criticize the West’s most recent sanctions as incremental and timid. The European Union last week added 33 individuals and entities to their sanctions list, including senior Russian security service officials and oligarchs. France continues to insist it will provide warships to Russia, and economic interests seem to be blocking tough action. Even the most recent sanctions by the United States only moved to block new debt and equity issuance by a number of energy, financial and military companies. What’s more, U.S. sanctions exclude Sberbank, which holds the majority of Russian deposits.
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More News On The EU And The U.S. Preparing More Sanctions Against Russia
White House: EU, US to impose new Russia sanctions -- AP
EU Prepares to Add Five Individuals, Two Entities to Ukraine Sanctions List -- WSJ
UK says EU agreement on Russia sanctions 'closer' -- BBC
Russia could face tough banking sanctions 'within days' -- The Telegraph
Obama, European Leaders Confer on Ukraine -- WSJ
Russia, Germany up diplomatic battle over Ukraine sanctions -- Reuters
Germany Favors Sectoral Sanctions Against Moscow -- RIA Novosti
EU Council will discuss economic sanctions on Russia July 29 -- ITAR-TASS
White House: US, Europe to issue new sanctions on Russia this week -- GMA/Reuters
Japan Says Will Release Sanction List of Russian Citizens and Companies Soon -- RIA Novosti
2 comments:
1.
If stronger sanctions will get implemented will Russia retaliate and have a hostile response or will the retaliation come slowly and with long term consequenses?
2.
Are there any updates about Washington giving the Kiev government cordinates intel about where the pro-Russians rocets are located? Have Washinkton deliverd the data and if Kiev miskalkulates the cordiantes and hit Russian troops what will the most likely response from Russia be?
3.
Will these sanctions stop Putin or will it lead to him taking a more hostile aproch to the case?
4.
Can Russia invoke counter sanctions and turn of the gas it delivers to EU in retaliation to the sanctions?
5.
Can these sanctions lead to Putin losing his power and the Russian economy going down the toilet or will they adept and change their tactics?
Rhaegar,
I don't think the results of these sanctions will be what a lot of people in the west expect.
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