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EU does more sanctions, SM no likey

Posted by Buygold @ 11:16 on July 29, 2014  

EU Announces New Washington-Pleasing, Russia-Wristslap Sanctions

Tyler Durden's picture

After unleashing a 10-page report of the death and destructive economic impact they could have on Russia via sanctions, the European leaders have agreed to issue travel bans, some asset-freezes, and trade curbs on various new individuals and business entities. The Goldilocks sanctions… just enough to please Washington, not enough to infuriate Putin into ‘boomerangs’.

  • *EU AMBASSADORS’ MEETING ON RUSSIA SANCTIONS REACHES DEAL: FT

Via DPA,

EU ambassadors have reached agreement on a new round of travel bans and asset freezes in response to the crisis in Ukraine, diplomats say.

*  *  *

The sanctions…

  • *EU AGREES CURBS ON RUSSIAN BANKS, EXPORT OF SOME TECHNOLOGY
  • *EU TO RESTRICT EXPORT OF EQUIPMENT FOR RUSSIAN OIL PRODUCTION
  • *EU TO CURB STATE-OWNED RUSSIAN BANKS’ ACCESS TO CAPITAL MARKETS
  • *EU TO IMPOSE EMBARGO ON FUTURE ARMS SALES TO RUSSIA
  • *EU TO CURB SALE OF ‘DUAL-USE’ MACHINERY, ELECTRONICS TO RUSSIA
  • *SANCTIONS WILL BE REVIEWED AFTER 3 MONTHS: EU DIPLOMAT

But…

http://www.zerohedge.com/news/2014-07-29/eu-announces-new-washington-pleasing-russia-wristslap-sanctions

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.