European Union ambassadors reached a preliminary deal Friday on stepped-up sanctions against Russia, targeting its access to European capital markets and trade in the defense sector, dual-use goods and sensitive technologies.
The trade bloc’s foreign ministers on Tuesday ordered the preparation of stepped-up economic sanctions, frustrated over Russia’s refusal to heed EU demands to help bring about an end to the fighting in Ukraine, and with many Europeans leaders and citizens outraged by the shooting down of a Malaysian jetliner over eastern Ukraine. …read more
Source: San Francisco Chronicle