U.S. Assistant Secretary of State Victoria Nuland says Russia is feeling 'pain' from economic sanctions imposed over its actions in Ukraine.
Radio Free Europe: Nuland: Russia Feeling 'Pain' Of U.S. Sanctions
WASHINGTON -- A top U.S. official says economic sanctions continue to be the most powerful leverage Washington has over Russia, and that those measures have thwarted potential Russian efforts to seize larger swaths of Ukrainian territory, including the capital.
Victoria Nuland, assistant secretary of state for European and Eurasian Affairs, also told lawmakers on June 7 that Moscow remained in violation or "out of compliance with" some major arms-control treaties, including the 1987 Intermediate-Range Nuclear Forces Treaty, known as the INF.
Coming just weeks before an important NATO summit in Warsaw, Nuland's comments before a Senate committee gave some indication of what that summit's agenda will include, with Russian military maneuvers in Eastern Europe and the Middle East likely to take center stage.
Read more ....
WNU Editor: When sanctions were first imposed I said that this was going to hurt ... and it did. The rouble collapsed, credit markets froze-up, and inflation soared. Almost two years later .... that hurt has now dissipated, and if my family is to be believed .... people have gotten use to it. I personally have an interest with two of my cousins who run a construction/development company in Moscow/Saint Pertersburg .... business was slow last year, but this year it is picking up .... especially (surprise surprise) commercial developments. My guess is that on an individual level .... those who have been targeted by sanctions must be feeling the pain (no ski trips to Switzerland and no summer vacations in Saint Tropez), but for the everyday Russian .... the impression that I am getting is that the hardship has now passed, and the worry is on what would happen if the sanctions are expanded beyond the few dozen Russian individuals and companies that have been targeted.
No comments:
Post a Comment