- 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
- Here comes the Pentagon's newest space plane
- 43 TV shows to watch in 2014
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 3 horrific inaccuracies in Homeland's depiction of Islamabad
- The real story behind Deliver Us From Evil
- What the Middle Ages can tell us about the GOP's big charity myth
- Extreme haunted houses: Inside Halloween's most terrifying new trend
- Gamergate has backfired spectacularly on its nincompoop perpetrators
- Let us now praise Billy Joel
- Did the media get Ferguson wrong?
Subscribe to the Week