Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U S Department of Treasury : Statement from Treasury Secretary Jacob J. Lew

03/20/2014 | 03:46pm US/Eastern
 Statement from Treasury Secretary Jacob J. Lew
3/20/2014

Page Content

"Russia has already begun to feel the impact of the international community's united effort to respond to its unlawful and provocative acts, and the actions we have taken today will ratchet up the pressure on the Russian economy even more. The sanctions we announced today will have serious consequences, and they send a clear signal to the Russian government that their recent actions undermining the sovereignty and territorial integrity of Ukraine will not go unanswered. 

"With today's Executive Order, we also now have far-reaching authority to designate entities and individuals in key sectors of the Russian economy, such as financial services, energy, metals and mining, engineering, and defense and related materiel.  This provides us with broader tools to highlight the future choices facing Russia's leadership, and our use of these tools will be based on careful consideration of what will be most effective in meeting that objective.  While a path of de-escalation remains available to Russia, we are prepared to take additional steps to demonstrate that there are costs for violating international law.

###

distributed by
React to this article
Latest news
Date Title
12:03a BARNES & NOBLE : Author Francine C. Still Hicks Announces Book Launch
12:03a Canadian private equity and venture capital deals surge in first-quarter
12:02a ACCENTURE : Expands Duck Creek Global Alliance Partner Program as Deloitte Consulting LLP Becomes Newest Property & Casualty Insurance Software Implementation Services Partner
12:01a RALCO BERHAD : trū Shrimp™ Systems Acquires Global Patent for Tidal Basin™ Shrimp Production
12:01aDJDollar Flat Against Yen Ahead of FOMC, BOJ Meetings
04/26 RESERVE BANK OF INDIA : Money Market Operations as on April 24, 2015
04/26 GOLDEN AGRI RESOURCES : Notice to Bond Holders
04/26 GOLDEN AGRI RESOURCES : Results of annual meeting held on 24 April 2015
04/26 INDORAMA VENTURES PCL : Resolution of the Annual General Meeting of Shareholders No. 1/2015
04/26 MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA : Minister of Finance Stipulates Standard Input Costs for RKA-K/L 2016
Latest news
Advertisement
Hot News 
AUDI : predicts sales growth in a challenging market
INTERNET INITIATIVE JAPAN : IIJ and L is B to Enter into Capital/Business Partnership to Develop and Provide Corporate Messenger Services
HSI opens up 184 pts to 28,245; H-share up 40 pts at 14,529
CAMBRIDGE INDUSTRIAL : Payment Of Management Fee By Way Of Issue Of Units In Cambridge Industrial Trust
SONY : Naples Daily News, Fla., Stay Tuned column
Most Read News
04/26 WELLS FARGO : Which high schools were nominated for a Blumey award?
04/26 LOMBARD BANK MALTA : Approval of Ordinary Resolutions at Annual General Meeting
04/26 BLOM ASA : profits reach $91.17 million
04/26 SONY : Naples Daily News, Fla., Stay Tuned column
04/26 BHP faces 269 million pound tax bill on Singapore marketing hub
Most recommended articles
12:01aDJDollar Flat Against Yen Ahead of FOMC, BOJ Meetings
04/26DJChina Vanke Profit Falls Sharply -- Update
04/26DJAustralia's M2 Group Launches Rival A$1.5 Billion Offer for iiNet -- Update
04/26DJAsian Shares Rise, Mining Stocks Lift Sydney
04/26DJNEPAL EARTHQUAKE : Rescuers Hunt for Survivors as Death Toll Rises -- 5th Update
Dynamic quotes  
ON
| OFF