- This just in July 16
The White House on Wednesday announced a new round of sanctions against several large banking, energy, and defense companies in Russia in response to Moscow's "attempts to destabilize eastern Ukraine and its ongoing occupation of Crimea."
The punished companies include Rosneft, a state-run oil company; Gazprombank, Russia's third-largest bank; and Vnesheconombank, a state-owned development bank. In addition, the Treasury Department announced sanctions on a number of arms manufacturers — including Kalashnikov Concern, the largest weapons producer in Russia and maker of the eponymous, infamous rifle.
The sanctions came in conjunction with lighter sanctions from European nations.- -
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How I lost all my money
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- 43 TV shows to watch in 2014
- How academia's liberal bias is killing social science
- Why Pakistan won't hunt down the terrorists within its borders
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- George W. Bush 'ran the country like a cable network,' and other political insights from Chris Rock
- Alien conspiracy theorists think the government is on the verge of spilling big secrets
- What would a U.S.-Russia war look like?
- How to make the ultimate grilled cheese
Subscribe to the Week