Author Topic: Power: Ramp-up of Russia sanctions possible  (Read 151 times)

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Power: Ramp-up of Russia sanctions possible
« on: April 13, 2014, 11:54:38 AM »
http://www.politico.com/blogs/politico-live/2014/04/power-rampup-of-russia-sanctions-possible-186792.html?hp=l2

Power: Ramp-up of Russia sanctions possible

   

By ELIZABETH TITUS |
4/13/14 11:08 AM EDT

The U.S. ambassador to the United Nations said on Sunday that clashes over the last few days in Ukraine could led to increased sanctions against Russia.

Samantha Power was responding to overnight reports about deadly clashes between Ukrainian and pro-Russian forces in eastern Ukraine.

“Already, the sanctions that we put in place have brought the ruble to an all-time low in terms of its value,” Power said on ABC’s “This Week.” “The Russian stock market has depreciated by 20 percent. Investors are fleeing, and that's just on the basis of the sanctions that we put in place up to this point. The president has made clear that depending on Russian behavior, sectoral sanctions against energy, banking, mining could be on the table, and there's a lot in between.”

“So, I think we've seen that the sanctions can bite,” she said, “and if actions like the kind that we've seen over the last few days continue, you're going to see a ramping up of those sanctions.”
« Last Edit: April 13, 2014, 11:55:36 AM by mystery-ak »

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