White House: EU, US to Impose New Russia Sanctions

[Purveyor]

Source: Associated Press/TIME

8:50 PM ET

(WASHINGTON) — The United States and European Union plan to impose new sanctions against Russia this week, including penalties targeting key sectors of the Russian economy, the White House said Monday.

The show of Western solidarity comes as the U.S. accuses Russia of ramping up its troop presence on its border with Ukraine and shipping more heavy weaponry to pro-Moscow separatists in eastern Ukrainian cities.

President Barack Obama and the leaders of Britain, Germany, France and Italy discussed the crisis during a rare joint video teleconference on Monday. The discussion follows days of bilateral talks on how to implement tougher sanctions after the downing of a passenger jet in eastern Ukraine, an attack the U.S. says was carried out by the separatists.

The U.S. and European sanctions are likely to target Russia’s energy, arms and financial sectors. The EU is also weighing the prospect of levying penalties on individuals close to Russian President Vladimir Putin, who appears to only be deepening Russia’s role in destabilizing Ukraine.

Read more: http://time.com/3049419/white-house-eu-us-to-impose-new-russia-sanctions/

---

Hey White House, have some sanctions on the table for the genocide being committed by our great and unwavering 'ally' israel?

Hmm...???

[cosmicone]

1. Come winter, EU will pay through the nose for gas n/t

[candelista]

2. Sanctions are cruel method of warfare.

They are like siege warfare, which targets everyone, civilians as well as soldiers. In its most severe form this kind of warfare causes death by starvation or disease.

[cstanleytech]

3. These sactions arent the most severe ones though that could be imposed.

Most of them are just a nuisance as Russia still has China to trade with.

[TT_Progress]

4. The sanctions *are* the ultimate purpose - not MH17 etc

This is all about the dollar.

Everything with Russia was fine as long as their economy was tanked. But now, like with China and India, their economy has been growing far faster than ours.

The dollar is our primary export. We "export" dollars and get back goods. That will only continue as long as the dollar is the only option.

BRICS is a threat to the dollar. China and Russia trading in their own currencies weakens the dollar.

It does no matter what Russia does or does not do, there will be continue efforts to attempt to crash the Russian economy.

[cosmicone]

5. Yes.

The problems with Iran started when Iran decuded to open a Tehran oil exchange to sell oil in other currencies besides the dollar, threatening petrodollar and NYMEX. Suddenly, Iran was within months/weeks of detonating a nuke.

[lovuian]

6. Well I hope Europe and US know they've declared war on Russia

this is the beginning of WWIII folks

[ballyhoo]

7. Yep. And the KGB Colonel will emerge....

[QuestForSense]

8. At the very least, they seem determined to restart the Cold War.

[L0oniX]

10. My index funds have already increased value over this.

[L0oniX]

11. Hillary 2016 ...will fix this.

[geek tragedy]

9. Good move. There's a lot more squealing and a lot

less joking about these sanctions.