Tuesday, July 29, 2014

West Agrees To Widen Sanctions Against Russia

Recent events in Ukraine has encouraged Europe to join with the US to widen sanctions against economic interests in Russia.  Europe has been more connected to Russia economically and it has been more difficult for them to agree on sanctions.  Germany has the strongest economic relationships with Russia but recent events have motivated it to agree to strong sanctions.  The UK has banking relationships with Russia and France sells military equipment to Russia.  They resisted sanctions until the downing of the Malaysian airline in Ukraine.

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