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To: Ernest_at_the_Beach
Obama: New Russia sanctions are "teed up," but Putin can change course
"We have been preparing for the prospect that we're going to have to engage in further sanctions. Those are teed up. It requires some technical work, and it also requires coordination with other countries," the president said.

Why Sanctions Will Cost Russia More Than America
“The fundamental thing is that Russia’s GDP is 2.9% of global GDP, and U.S. trade with Russia is about 1% of total U.S. trade,” says Anders Aslund, a Russian specialist at the Peterson Institute for International Economics. “In the big scheme of things, Russia’s economy doesn’t much matter,” he adds.

...If the U.S. targets the top four state-run Russian banks, says Aslund, the E.U. could even benefit economically and the U.S. could significantly hurt the Russian economy. “If Russian finances are being hit, which I favor, then the money would flow out of Russia,” says Aslund.

17 posted on 04/24/2014 1:14:41 AM PDT by Berlin_Freeper
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To: Berlin_Freeper
Thanks,...

Obama is playing with fire,....Will Merkel support these sanctions,.,,is a big question.,

Got to hit the rack....Ancient eyes are not cooperating....please excuse the typos,

18 posted on 04/24/2014 1:22:52 AM PDT by Ernest_at_the_Beach
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To: Berlin_Freeper
North Korean health system crumbling as shortages and sanctions bite
19 posted on 04/24/2014 1:24:33 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

~U.S. trade with Russia is about 1% of total U.S. trade~

Do you think Russia has any significant trade with US?


21 posted on 04/24/2014 1:44:34 AM PDT by wetphoenix
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To: Berlin_Freeper
Obama: New Russia sanctions are "teed up," but Putin can change course.

Today, April 24, 2014: Obama finally gets serious about Putin!
New sanctions against Russia are "Teed Up".

Wow! When the teleprompter of the golfer-in-chief of America uses golfing metaphors, you KNOW he's really getting serious this time.

Upcoming planned soundbites re sanctions:


39 posted on 04/24/2014 2:49:03 PM PDT by CardCarryingMember.VastRightWC (Folks ask about my politics. I say: I dont belong to any organized political party. I'm a Republican)
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