Forcing Russia Out of Markets Seen as Ukraine Leverage - Bloomberg

Forcing Russia Out of Markets Seen as Ukraine Leverage - Bloomberg:



"Forcing Russia out of global financial markets is the strongest tool at U.S. President Barack Obama’s disposal if he wants to stop Vladimir Putin’s territorial ambitions, according to former government officials and sanctions specialists.



Secretary of State John Kerry is meeting with Russian, Ukrainian and European Union officials in Geneva today to discuss the situation in eastern Ukraine.



An administration official warned yesterday that if the talks fail, the U.S. is ready to take further steps, targeting people in the Russian president’s inner circle and entities they oversee. Industry-specific sanctions are also an option, according to the official, who spoke about private talks on condition of anonymity. Experts say these may produce more significant results."



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