Obama Joins Europe in Expanding Sanctions on Russia
President Obama announced expanded sanctions against Russia on Tuesday, just hours after the European Union imposed its most sweeping measures yet penalizing Moscow for its role in supporting separatists in neighboring Ukraine.
The latest American actions took aim at more Russian banks and a large defense firm, but they also went further than past moves by blocking future technology sales to Russia’s lucrative oil industry in an effort to inhibit its ability to develop future resources. The measures were meant to largely match those unveiled earlier in the day in Europe.
The carefully orchestrated actions on both sides of the Atlantic were designed to demonstrate solidarity in the face of what American and European officials say has been a stark escalation by Russia in the insurgency in eastern Ukraine. Until now, European leaders have resisted the broader sorts of actions they agreed to on Tuesday and their decision to do so reflected increasing alarm that Russia is not only helping separatists in Ukraine but directly involving itself in the fighting.
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http://www.nytimes.com/2014/07/30/world/europe/european-sanctions-russia.html?emc=edit_na_20140729
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