javascript:void(0)

Wednesday, 30 July 2014

A look at the EU's new sanctions against Russia

Sign reading 'Bank of Moscow" is installed on the headquarters of Russian Agricultural Bank in downtown Moscow, Russia, on Wednesday, July 30, 2014. The European Union approved dramatically tougher economic sanctions Tuesday against Russia, followed swiftly by a new round of U.S. penalties. Among the targets were three Russian banks: the Bank of Moscow, Russian Agricultural Bank and VTB Bank, Russia's second largest bank. (AP Photo/Ivan Sekretarev) BRUSSELS (AP) — The European Union's sanctions against Russia are bound to inflict pain on the country's ailing economy. While still narrowly targeted, they come as a warning shot to convince Moscow to change its Ukraine policies or face even tougher penalties.








from Business News Headlines - Yahoo! News http://ift.tt/1oLEc8I

via IFTTT

No comments:

Post a Comment