Thursday, September 11, 2014

Finance, energy & defense sectors: EU and US set to impose new Russia sanctions


Barack Obama says he is joining the EU initiative to impose a new round of sanctions on Russia. Both Washington and Brussels say the sanctions will target finance, energy and defense sectors – yet can be revoked if the situation in Ukraine improves.

The US is to provide details of their sanctions on Friday.

“We will deepen and broaden sanctions in Russia’s financial, energy, and defense sectors. These measures will increase Russia’s political isolation as well as the economic costs to Russia, especially in areas of importance to President [Vladimir] Putin and those close to him,” US President Barack Obama said in a statement on Thursday.

The US says that Russia has sent heavily armed forces to Ukraine. Obama added that the US may withdraw sanctions if Russia fulfills obligations under the Minsk agreement .... http://rt.com/business


MH17 broke down in air due to damage from outside


The MH17 crash was a result of structural damage caused by a large number of high-energy objects that struck the Boeing from the outside, the preliminary report into the Malaysia Airlines disaster in Ukraine said.

“Flight MH17 with a Boeing 777-200 operated by Malaysia Airlines broke up in the air probably as the result of structural damage caused by a large number of high-energy objects that penetrated the aircraft from outside,” the Dutch Safety Board said in its preliminary report.

Dutch investigators added that “there are no indications” that the tragedy was triggered “by a technical fault or by actions of the crew.” .... http://rt.com

Malaysia accuses US and EU backed Ukraine regime of MH17 shoot-down


A Thursday article in the New Straits Times, Malaysia’s flagship English-language newspaper, charged the US- and European-backed Ukrainian regime in Kiev with shooting down Malaysian Airlines flight MH 17 in east Ukraine last month .... http://4bitnews.com