Forcing Russia out of global financial markets is the strongest tool at U.S. President Barack Obama’s disposal if he wants to stop Vladimir Putin’s territorial ambitions, according to former government officials and sanctions specialists.
The Afghan government said voter turnout doubled from the previous presidential election in a show of defiance against Taliban insurgents as one of the leading candidates predicted a runoff would be necessary.
The election that will determine control of the U.S. Senate is more than seven months away, an eternity in American politics. Even so, independent analysts are increasingly bullish on Republican prospects of gaining the six seats the party needs to win control of the chamber.
America Movil SAB, the phone giant controlled by billionaire Carlos Slim, tumbled on concerns that profits would suffer in its home market under a proposal sent to Mexico’s Congress by President Enrique Pena Nieto.
Western leaders are counting on the threat of wide-ranging sanctions to make Vladimir Putin pause for breath after swallowing Crimea. If they can’t, the Russian president may opt to move deeper into Ukraine.
Even before the Ukraine standoff, foreign companies in Russia say they were alarmed by the number of executives being deported for minor infractions. Now with the West preparing sanctions, they’re bracing for more.