WASHINGTON — Both the U.S. and European Union imposed new economic sanctions on Russia July 16, with President Barack Obama declaring that Russian leaders must see that their actions supporting Ukraine’s rebels “have consequences.”
Though the American and European sanctions were coordinated, they nonetheless exposed fissures in what the West has tried to project as a united front in its months-long effort to isolate Russian President Vladimir Putin.
The penalties announced by the White House were broad in scope, targeting two major Russian energy firms, a pair of powerful financial institutions, eight arms firms and four individuals. Leaders in Europe, which has …read more
Source: The Philippine Daily Inquirer
