US Treasury Secretary Jack Lew said on Wednesday that Washington was ready to increase sanctions on Russia over its actions in war-torn Ukraine.Lew’s comments during a visit to Kiev came one day after EU heads of state threatened to impose further financial measures against Moscow in response to the latest upsurge in violence in Ukraine’s nine-month war.”Our first choice is a diplomatic resolution that allows us to lessen sanctions. But we are prepared to do more if necessary. To that end, we’ll continue to work with our allies to increase the pressure on Russia,” Lew told reporters.Russia denies backing the …read more
Source: Egypt Independent