Thursday, March 20, 2014

New Sanctions No Joke: Putin Risks Regime For Ukraine Invasion

The first reaction to the first round of U.S. and European sanctions against the Russian ruling elite was laughter. Declared one of those singled out: Whoever put these sanctions together is a “joker.”  Indeed, the first set of U.S. sanctions was weak and the European sanctions weaker. This is no longer the case. The Western sanctions bite where they hurt.

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