TV News LIES

Tuesday, Oct 21st

Last update09:06:31 PM GMT

You are here News International U.S., Europe hit Russia with new sanctions

U.S., Europe hit Russia with new sanctions

E-mail Print PDF

Sanctions against RussiaPresident Obama and the European Union imposed new sanctions on Russia Tuesday that they said will further cripple its economy, hopefully forcing President Vladimir Putin to end his support of armed rebels in Ukraine and to seek peace.

While previous sanctions have focused on specific businesses and individuals, the new set is designed to hit major pillars of the Russian economy, including oil and gas supplies and technology, banking and finance, and arms sales. Close associates of Putin are also targeted.

New economic penalties "will continue to ratchet up the pressure on Russia, including the cronies and companies that are supporting Russia's illegal actions in Ukraine," Obama said at the White House.

Earlier sanctions were more symbolic in nature, and "were sort of the bare minimum the EU had to do in order to pass the laugh test," said Mark Dubowitz, an analyst at the Foundation for Defense of Democracies. "These start moving into sectors of the Russian economy."

More...


Most Recent Related Stories...


Afghan opium poppy yield hits all-time high

Afghan poppy yieldOpium poppy cultivation in Afghanistan has hit an all-time high despite years of counter-narcotics efforts that...

Jews buy homes in contested Arab area of Jerusalem

Selwan, JerusalemResidents of a hotly contested part of east Jerusalem said armed Israeli guards moved into two...

Ultra-Orthodox Jews attack Jerusalem buses over ad

Ultra orthodox Jews attack busesDozens of ultra-Orthodox Jews hurled stones and slashed the tires of buses bearing ads promoting female...

Gaza plan 'relieves Israel of responsibility'

gaza PlanA massive U.N.-supervised project to rebuild Gaza got underway earlier last week, but officials in Gaza...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!