BRUSSELS— The United States and the European Union, finally in synch on how to deal with Russian President Vladimir Putin, are preparing a powerful one-two punch against Russia’s economy, with EU ambassadors meeting on Tuesday to discuss a dramatic escalation in the trade bloc’s sanctions.
Frustrated by the apparent ineffectiveness of previous sanctions and outraged by the deaths of 298 people aboard the Malaysia Airlines plane downed over eastern Ukraine, ambassadors were considering measures including limits on Russia’s access to European capital markets and a halt in trade in arms and dual-use and sensitive technologies.
A decision on new EU sanctions was …read more
Source: The Epoch Times
