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

July 30, 2014 5:31 PM

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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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