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Europe, U.S. Significantly Expand Sanctions Against Russian Economy

Wall Street Journal Original article ›

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Tougher sanctions on Russia in July 2014 with the addition of Moscow Bank, VTB Bank. Sberbank was not added but other steps limit its access to financing in European financial markets. The limited access to international capital means banks and other companies will have to turn to the government for financing. Growth was estimated at 3.8% and lowered by the IMF to 0.2% in its latest forecast for 2014. It could turn negative, showing the impact both of the emerging markets crisis in early 2014, compounded by the crisis in Ukraine in the second quarter on the Russian economy.

List of expanded EU sanctions on Russia by July 2014

07/25/2014

Grouped Articles

EU Tightens Screws on Russia

Wall Street Journal 07/25/2014

Berlin Lays Groundwork with German Public for Stiffer Russian Sanctions

Wall Street Journal 07/28/2014

EU Lines Up Sector-Wide Economic Sanctions on Russia

Wall Street Journal 07/29/2014

Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves

New York Times 07/29/2014

Europe, U.S. Significantly Expand Sanctions Against Russian Economy

Wall Street Journal 07/30/2014

Loopholes Blunt Impact of U.S., EU Sanctions Over Ukraine

Wall Street Journal 07/30/2014

The impact of the Ukraine crisis on the Russian economy in 2014 with western sanctions

08/11/2013

Grouped Articles

Russia's Power Play Hits Economic Weak Spot

Wall Street Journal 03/04/2014

As Prime Russian Trading Partner, Germany Appears Crucial to Ending Crisis

New York Times 03/03/2014

The World's Riskiest Stock Market?

Wall Street Journal 03/22/2014

Russia Says It Has Weathered the Worst of the Economic Storm

Wall Street Journal 04/03/2014

Russia's Growth Pace Continues to Weaken

Wall Street Journal 08/11/2013

Russia Plotting for Ukrainian Influence, Not Invasion, Analysts Say

New York Times 04/09/2014

Putin and Russia's shift in Ukraine policy with the impact of capital flight, western sanctions and a sharp slowdown in the economy by July 2014

07/11/2014

Polls show 66% of the Russian public opposes Russian forces going into Ukrainian territory. The rhetoric on Russian television has been toned down and Russian analysts say intervention in Ukraine would have dangerous consequences for Russia, that Russia needs to maintain its relations with the West. At the same time Putin will attend a summit of BRIC's leaders in Fortaleza, Brazil, with plans to set up a development bank, as the focus shifts back to the economy. Russia is expected to feel the impact of $75 billion in capital flight in the first half of 2014.

Grouped Articles

Seeing Cost of Saber Rattling in Ukraine, Putin Alters Course

New York Times 07/11/2014

U.S. Escalates Sanctions Against Russia Over Ukraine Crisis

Wall Street Journal 07/17/2014

Raising Stakes on Russia, U.S. Adds Sanctions

New York Times 07/16/2014

Putinism Thrives on Dirty Money

Wall Street Journal 07/22/2014

The West's 'Moment of Truth'

Wall Street Journal 07/22/2014

Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves

New York Times 07/29/2014


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