Worthy Christian News » World News » Obama, EU Leaders Expand Russian Sanctions


Obama, EU Leaders Expand Russian Sanctions

Wednesday, July 30, 2014 | Worthy News / World News

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WASHINGTON, D.C. (Worthy News)– President Obama along with the EU announced new, tougher sanctions against Russia on Tuesday targeting key sectors of the Russian economy: energy, arms and finance.

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Russia Sanctions Spread Pain From Putin to Halliburton – Bloomberg
U.S. and European Union sanctions against Russia’s Vladimir Putin threaten to shut off some of the world’s largest energy companies from one of the biggest untapped energy troves on the planet.

As violence escalates in eastern Ukraine between government and separatist forces, the EU yesterday sought to punish Russia for its involvement by restricting exports of deep-sea drilling and shale-fracturing technologies. The U.S. followed suit, with President Barack Obama announcing a block on specific goods and technologies exported to the Russian energy sector.

U.S., EU coordinate on Russia sanctions, but will they work? – CNN
More Russian aggression in Ukraine. More U.S. and European sanctions imposed on Moscow.

What seems like diplomatic tail-chasing so many months into the Ukraine conflict invites questions about how Western powers can defuse the worsening conflict in Eastern Europe.

Obama, EU leaders agree on Russia sanctions – EU Observer
The leaders of Britain, France, Germany, Italy and the US held a conference call on Monday (28 July) and agreed to impose economic sanctions on Russia as it continues to support the war in eastern Ukraine.

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