New sanctions against Russia, but it’s unclear whether Putin will care

July 30, 2014 5:31 PM

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New sanctions against Russia, but it’s unclear whether Putin will care

The new round of US and EU sanctions against Russia are the toughest yet, and they might well hit their mark: Russia's business oligarchs. But that still might not be enough to change President Vladimir Putin's behavior.

WASHINGTON — The United States and Europe kicked off a joint effort on Tuesday intended to curb Russia’s long-term ability to develop new oil resources, taking aim at ’s premier source of wealth and power in retaliation for its intervention in Ukraine.

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