Economics

Russia Urged to Ease Crimea Crisis Under Sanctions Threat

Lock
This article is for subscribers only.

The U.S. and European Union put Russian President Vladimir Putin on notice that they will be united on imposing sanctions if he’s unwilling to defuse the Ukraine crisis and pursue a negotiated solution.

As Crimean separatists backed by Russian forces pushed to split from Ukraine, the U.S. banned visas for Russian officials and others it said were complicit in violating the sovereignty of the ex-Soviet state of 45 million. U.S. President Barack Obama signed an order authorizing financial sanctions, while EU leaders halted trade and visa talks with Russia and threatened punitive economic measures in what’s become the worst rift between Russia and the West since the Cold War era.