“asking that all Russian assets be frozen until Russian troops are pulled back.”
Good luck with that. No, really...
Europe already wants this thing over, the Russian counter-sanctions are now inflicting real pain on economies already sliding into another recession, and at least two have said they won’t participate in any more sanctions against Russia. (Finland, Slovakia)
Russia’s rumored next round of counter-sanctions could cost
Germany 55,000 jobs by banning car imports from “Sanctioning nations”.
And we aren’t even up to the level of lowered gas exports, yet.
Ukraine has cried wolf about a “Russian Invasion!” so many times now that the Euros have tired of it.
Protesters try to burst into the Ukrainian Defense Ministry in Kiev on Aug. 28 as they rally to demand help for volunteer troops surrounded by pro-Russia militants in the small city of Izvaryne, a suburb of Donetsk.
http://www.latimes.com/world/europe/la-fg-ukraine-president-russian-forces-20140828-story.html
cried wolf?
The Russians are invading Ukraine. They got tired of this “rebel” pretext, even with the influx of neo-nazi’s from Europe, and the regular Russian army has moved the front very fast since then.
John Deere is laying off people.
Why? Commodity prices have tanked. Russia buys a lot of ag products.
That is just the start. Wait till you see farmers, packers, and mills shutting down because they got caught upside down on the futures markets.