WASHINGTON (Reuters) - The United States imposed fresh sanctions on Russian firms and government officials on Monday, a move that financial markets largely shrugged off and U.S. Republican lawmakers dismissed as too little to deter Moscow from further action in Ukraine.
The reaction underscored the dilemma facing President Barack Obama: how to use sanctions to punish Moscow for its intervention in Ukraine without hurting European countries and foreign companies with deep financial ties to Russia.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!