Skip to content

RATCHETING UP SANCTIONS: U.S. Europe increase sanctions against Russia

By Catholic Online (NEWS CONSORTIUM)
7/30/2014 (2 years ago)
Catholic Online (www.catholic.org)

Sanctions intended to hit Russian President - for his tacit support of Ukrainian rebels - economically

New economic sanctions against key sectors of the Russian economy have been announced by U.S. President Obama. It's all part of Washington's latest efforts to force Russian President Vladimir Putin to end his support for Ukrainian rebels.

Australian Prime Minister Tony Abbott said that he is not considering adding new sanctions. Australia lost 28 citizens on Flight MH17. Abbott said that at the moment 'our focus is not on sanctions; our focus is on bringing home our dead as quickly as we humanly can.'

Australian Prime Minister Tony Abbott said that he is not considering adding new sanctions. Australia lost 28 citizens on Flight MH17. Abbott said that at the moment "our focus is not on sanctions; our focus is on bringing home our dead as quickly as we humanly can."

Highlights

By Catholic Online (NEWS CONSORTIUM)
Catholic Online (www.catholic.org)
7/30/2014 (2 years ago)

Published in Politics & Policy

Keywords: Russia, sanctions, Ukraine, MH17, rebels


LOS ANGELES, CA (Catholic Online) - President Obama says that the sanctions target Russia's energy, weapons and finance industries, including big banks.

"If Russia continues on this current path, the costs on Russia will continue to grow," Obama said. "Because we are closely coordinating our actions with Europe, the sanctions we are announcing today will have an even bigger bite."

SAVE Iraqi Christians from Genocide --

Analysts say this is part of a new phase in the biggest western confrontation between Moscow and the West since the end of the Cold War. Worldwide tensions have worsened dramatically after the downing of Malaysia Airlines Flight MH17 over rebel-held Ukrainian territory on July 17. Western countries say a Russian-supplied missile was used by the rebels.

Restrictions on trade in equipment for the oil and defense sectors, and "dual use" technology with both military and civilian purposes are part of the plan. Russia's state-run banks would be barred from raising funds in European capital markets. Measures will be reviewed in three months.

Australian Prime Minister Tony Abbott said that he is not considering adding new sanctions. Australia lost 28 citizens on Flight MH17. Abbott said that at the moment "our focus is not on sanctions; our focus is on bringing home our dead as quickly as we humanly can."

Australia has sponsored a United Nations Security Council Resolution that was passed with Russian support. The resolution demands the rebels allow the dead to be retrieved and international investigators free access to the crash site, which recent fighting has prevented.

The sanctions are being imposed in the hope that Putin will back down from a months-long campaign to seize territory and disrupt politics in Ukraine, a former Soviet state of 45 million people whose pro-Moscow leader was toppled in February.

"It's precisely because we've not yet seen a strategic turn from Putin that we believe it's absolutely essential to take additional measures and that's what the Europeans and the United States intend to do this week," Tony Blinken, a national security adviser to Obama said.

Europe, which has closer economic ties to Russia and fears provoking a wider conflict in its backyard, has been tepid in its response to Russia's alleged meddling in Ukraine's affairs.

---


'Help give every student and teacher Free resources for a world-class moral Catholic education'


Copyright 2017 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for APRIL 2017
Young People.
That young people may respond generously to their vocations and seriously consider offering themselves to God in the priesthood or consecrated life.


Comments


More Politics & Policy

It feels great to win! Here's the list of things President Trump has accomplished in his first 100 days Watch

Image of President Trump has accomplished a lot in his first hundred days.

Donald Trump has reached the 100-day mark with an incredible list of accomplishments. Here's what he's done since he took office. While the ... continue reading


Has the Trump administration betrayed the Little Sisters of the Poor? Watch

Image of The Little Sisters of the Poor have fought against Obamacare's contraception edict.

In a shocking announcement, the Trump administration has suggested it will continue to uphold an onerous Obama era requirement that ... continue reading


'We will not stand for this. Watch!' - Trump imposes immediate 20 percent tariff on Canada Watch

Image of Canada is now subject to tariffs on all softwood lumber imports into the United States.

U.S. President Donald Trump has imposed tariffs up to 24 percent on Canadian lumber shipped into the United States. LOS ANGELES, CA ... continue reading


Hypocrite millennial terrorists who live with their parents want guns because conservative working Americans don't want to give them free stuff Watch

Image of Conservative Trump supporters struggle with communist millennials who are literally trying to spread trash and filth in the street. This figuratively illustrates what is going on in our country.

Following the election of Barack Obama, a move that displeased conservatives, how long did it take for conservatives to arm themselves and ... continue reading


New California Bill allows university abortions Watch

Image of Will California universities offer abortion pills to students?

Senator Connie M. Leyva (D-Chino) introduced a bill to expand medical abortions to University of California (UC) and California State ... continue reading


Never Miss any Updates!

Stay up to date with the latest news, information, and special offers.

Catholic Online Logo

Copyright 2017 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2017 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.