US-EU Sanctions List Still Uncertain, As Russia Secures Crimea Foothold
More Russian troops, armored vehicles, ships at Crimean ports, fighter jets screaming by, attack helicopters flying overhead, and notices to decimated Ukraine soldiers still on Crimean streets that identify the Russians flooding on those same streets marked today’s progress as Russia secures its Crimea foothold. http://www.reuters.com/article/2014/03/14/us-ukraine-crisis-idUSBREA1Q1E820140314
As predicted by HamiltonFinanceServices.com (HFS), the talks between US Secretary of State John Kerry and Russian Foreign Secretary Sergei Lavrov ended quickly and without any agreements. http://www.theguardian.com/world/2014/mar/14/ukraine-crisis-john-kerry-sergey-lavrov-meet-london-talks
US led sanctions by the EU have solidified during the meeting between President Barack Obama and Ukrainian Prime Minister Arseny Yatseniuk, although the list of 20 elite Russian business leaders might have grown to over 100 already, even before its expected implementation to halt travel and money movement if tomorrow’s referendum fulfills expectations. http://www.euractiv.com/global-europe/eu-moves-sanctions-russians-ukra-news-534118
HFS analysts observe how during the past several decades of diplomacy between Russia, China, Europe, and the US, hope has sprung from mutual interests in economic prosperity. Sanctions such as those planned by the US-EU against Russian business leaders serve chiefly to undermine that hope. In the long term, planned sanctions cannot succeed, but they may push China and Russia, along with India and Indonesia, into separate economic orbits. As China becomes the world’s largest market, effectively pushing the East further from the West serves no one’s larger interests.
What do you think?
I agree 100 %. Sanctions will not work and will only result in further widening the gulf between the east and west. We need to get out of sticking our nose into this situation. Russia is not going to back down regarding the annexation of the Crimea.