Russian Roulette: Firing Blanks in the Sanctions Against Russia?
As widely reported in the press last week, President Obama announced sanctions against Russian and Ukrainian officials. On Thursday, March 20, the “blacklist” was expanded to 2 banks and 20 officials, as detailed in this press release from the US Treasury. Separately, the EU imposed sanctions on 21 individuals, including Russian military commanders. The U.S. goals, President Obama said,...