Sanctions Vows Against Russia Called a Paper Tiger - Bloomberg

Sanctions Vows Against Russia Called a Paper Tiger - Bloomberg:



"Four months after Vladimir Putin’s government annexed Crimea, the U.S. and European Union have failed to deliver on threats to cripple Russia’s economy, penalizing fewer than 100 people and companies.



The U.S. has drawn up proposals to deny Russia access to debt markets and to technology with both civilian and military uses, and the EU is weighing similar steps, according to more than a dozen U.S. and European diplomats who asked not to be named discussing internal deliberations. Yet there’s no plan to impose the measures.



The inaction over Russia’s intervention in Ukraine stems from divisions among the 28 members of the EU, a gap between the U.S. and Europe over how to proceed, and disagreements within President Barack Obama’s administration over moving forward without the Europeans."



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