WASHINGTON—Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, followed swiftly by a new round of U.S. penalties targeting key sectors of the Russian economy.
The coordinated sanctions were aimed at increasing pressure on Russian President Vladimir Putin to end his country’s support for separatists in eastern Ukraine whom the West blames for taking down the passenger jet nearly two weeks ago. President Barack Obama and U.S. allies also warned that Russia was building up troops and weaponry along its border with Ukraine.
“Today Russia is once again isolating itself …read more
Source: The Epoch Times