U.S., EU Ready New Russsian Sanctions as Fighting Rages

The U.S. and the European Union are nearing tougher sanctions against Russia for its role in the fighting that continues to rage in eastern Ukraine.

The sanctions target “key” Russian industries -- energy, defense and finance -- and are being imposed in the face of Vladimir Putin “doubling down” in support of rebels battling Ukrainian troops, U.S. Deputy National Security Adviser Tony Blinken said yesterday. The EU is preparing to announce a list of the Russian president’s “cronies” subject to asset freezes and travel bans after reaching an agreement yesterday. At least 10 soldiers and 22 civilians died in violence in the past day.