September 12, 2014 | Quote

Obama Team Unveils New Russia Sanctions

Mark Dubowitz, executive director of the Foundation for Defense of Democracies, said previous and current sanctions have indeed hurt the Russian economy: Growth is flat, the ruble is weak against the dollar, and global investors “are losing confidence in the Russian economy,” he said.

Still, he added, it's not clear whether they will dissuade Putin from acting in eastern Ukraine.

“This is a man with clearly well-defined geopolitical ambitions who may not respond to carefully calibrated and targeted sanctions,” Dubowitz said.

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Issues:

Russia