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G7 says Russia faces more sanctions


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Ukraine conflict: Russia faces more sanctions, warns G7

(BBC) G7 leaders say Russia will face further economic sanctions if it continues to support rebels in Ukraine.


The group of leading industrialised nations said Russia had undermined "Ukraine's sovereignty, territorial integrity and independence."

The warning came after the EU added eight more Russians to its sanctions.

Earlier, Russia described new US and EU sanctions as "destructive and short-sighted", and said they would lead to higher energy prices in Europe.

The G7 group of economic powers includes the United States, Japan, Germany, Britain, France, Italy and Canada.

Its leaders said Russia could still "choose the path of de-escalation", but warned President Vladimir Putin that he would face greater economic costs if he continued to back Ukrainian separatists.

Full story: http://www.bbc.com/news/world-europe-28569546

[bbc]2014-07-31[/bbc]

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Long term strategy ?

 

Somehow I don't think so there might just be a problem looming on the horizon as winter in Europe approaches

 

Who supplies Europe with large amount of  natural gas?

 

'Pon me souls chaps we've let ourselves be caged by the Russian bear..

 

Nip in the air  followed by a nip in gas supply  might just cause the G.7 nations to be encouraged to change their tactics,  nay even tacitly approve the Russian actions concerning the Ukraine.

 

All principles come at  price you know.

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