Economic Impact of Sanctions against Russia

European Union Increases Sanctions against Russian Officials   YouTube

Ukraine has signed a political association agreement with the European Union, a deal similar to the one that the former president Viktor Yanukovych withdrew from which led to the protests in Ukraine and his overthrow.Western nations and Ukraine are awaiting Russian President Vladimir Putin’s next steps. CCTV’s Natalie Feary reports with details from Moscow.

Follow Natalie Feary on Twitter @nataliefeary

CCTV’s Mike Walter interviews Agnia Grigas, the author of a book called ‘The Politics of Energy and Memory between the Baltic States and Russia’ on the tit-for-tat sanctions back and forth between U.S and Russia.

UN Secretary-General Ban Ki-Moon was in Ukraine after visiting Russia, and stressed his support for a diplomatic solution to the ongoing crisis. CCTV’s Filio Kontrafouri reports from Kiev with more.

Russian President Vladimir Putin signed a bill formalizing the country’s addition of Crimea.Putin ordered fireworks to celebrate the occasion in Moscow and Crimea.The Organization for Security and Co-operation in Europe will send monitors to Ukraine.
The six-month mission is part of the E-U’s de-escalation efforts. Now, Visa and MasterCard are now blocking access to customers of some Russian banks. The four banks affected have links to Russians who are blacklisted by the U-S following the new sanctions. The European Union signed a political agreement with Ukraine on Friday — in a sign of support. Furthermore the EU added more names to their list of sanctions targetting Russian officials. Sandra Gathmann has more from Brussels.

Follow Sandra Gathmann on Twitter@SandraGathmann

Agnia Grigas ,author of ‘The Politics of Energy and Memory between the Baltic States and Russia’ dicusses the economic impact of West sanctions on Russia.