After the European Union launched a new wave of sanctions last week against Russia, it was Obama’s turn to make a similar move. The U.S. administration decided to adopt sanctions against Russian oil companies, as a measure to convince Russia to respect the peace agreement following the Ukrainian crisis. Last week, the EU decided to prevent Russian state companies from accessing the European … [Read more...]
The U.S. and Europe Announced the Harshest Economic Sanctions on Russia
The U.S. and Europe announced this week they are willing to adopt the harshest economic sanctions yet on Russia. This decision was made a day after the leaders of Germany, Britain, France and Italy agreed with President Obama that additional action was imperious as a result of the Russian forces buildup along the border with Ukraine. This action was decided Tuesday during a joint … [Read more...]