White House: EU, US to Impose New Russia Sanctions
Source: Associated Press/TIME
8:50 PM ET
(WASHINGTON) The United States and European Union plan to impose new sanctions against Russia this week, including penalties targeting key sectors of the Russian economy, the White House said Monday.
The show of Western solidarity comes as the U.S. accuses Russia of ramping up its troop presence on its border with Ukraine and shipping more heavy weaponry to pro-Moscow separatists in eastern Ukrainian cities.
President Barack Obama and the leaders of Britain, Germany, France and Italy discussed the crisis during a rare joint video teleconference on Monday. The discussion follows days of bilateral talks on how to implement tougher sanctions after the downing of a passenger jet in eastern Ukraine, an attack the U.S. says was carried out by the separatists.
The U.S. and European sanctions are likely to target Russias energy, arms and financial sectors. The EU is also weighing the prospect of levying penalties on individuals close to Russian President Vladimir Putin, who appears to only be deepening Russias role in destabilizing Ukraine.
Read more: http://time.com/3049419/white-house-eu-us-to-impose-new-russia-sanctions/
Hey White House, have some sanctions on the table for the genocide being committed by our great and unwavering 'ally' israel?
Hmm...???
cosmicone
(11,014 posts)candelista
(1,986 posts)They are like siege warfare, which targets everyone, civilians as well as soldiers. In its most severe form this kind of warfare causes death by starvation or disease.
cstanleytech
(26,293 posts)Most of them are just a nuisance as Russia still has China to trade with.
TT_Progress
(67 posts)This is all about the dollar.
Everything with Russia was fine as long as their economy was tanked. But now, like with China and India, their economy has been growing far faster than ours.
The dollar is our primary export. We "export" dollars and get back goods. That will only continue as long as the dollar is the only option.
BRICS is a threat to the dollar. China and Russia trading in their own currencies weakens the dollar.
It does no matter what Russia does or does not do, there will be continue efforts to attempt to crash the Russian economy.
cosmicone
(11,014 posts)The problems with Iran started when Iran decuded to open a Tehran oil exchange to sell oil in other currencies besides the dollar, threatening petrodollar and NYMEX. Suddenly, Iran was within months/weeks of detonating a nuke.
lovuian
(19,362 posts)this is the beginning of WWIII folks
ballyhoo
(2,060 posts)QuestForSense
(653 posts)L0oniX
(31,493 posts)L0oniX
(31,493 posts)geek tragedy
(68,868 posts)less joking about these sanctions.