27 Mar 2014
US looks to tighten sanctions on Russia - Danske Bank
FXStreet (Barcelona) - Sverre Holbek, Senior Analyst at Danske Bank notes that US President Obama calls for a tougher course on Russia.
Key Quotes
“In a speech given in connection with the EU-US summit held in Brussels yesterday, Obama said that further sanctions are forthcoming, even without further Russian incursions. Furthermore, the US and European Union agreed to reduce Europe’s dependence on energy imports from Russia, which is a huge challenge particularly for Eastern Europe.’”
“The leaders vowed to reach an agreement on the so-called TTIP trade partnership, which could increase access to natural-gas imports from the US. Moreover, NATO secretary-general Rasmussen said that the alliance will intensify military cooperation with Ukraine, while increasing Eastern European security measures (see Wall Street Journal).”
“Meanwhile, the Russian troop build-up along the Ukrainian frontier has continued, with the number of troops rising by 10,000 to 30,000 over the past week.”
Key Quotes
“In a speech given in connection with the EU-US summit held in Brussels yesterday, Obama said that further sanctions are forthcoming, even without further Russian incursions. Furthermore, the US and European Union agreed to reduce Europe’s dependence on energy imports from Russia, which is a huge challenge particularly for Eastern Europe.’”
“The leaders vowed to reach an agreement on the so-called TTIP trade partnership, which could increase access to natural-gas imports from the US. Moreover, NATO secretary-general Rasmussen said that the alliance will intensify military cooperation with Ukraine, while increasing Eastern European security measures (see Wall Street Journal).”
“Meanwhile, the Russian troop build-up along the Ukrainian frontier has continued, with the number of troops rising by 10,000 to 30,000 over the past week.”