Posts Tagged Economic policy

Sanctions will damage Russia if not lifted quickly

Russian President Vladimir Putin, background center, heads the Cabinet meeting in the Novo-Ogaryovo residence, outside Moscow, Russia, Wednesday, July 30, 2014. The meeting focused on measures to encourage Russian companies to pull their assets back from offshore. The United States and the European Union on Tuesday announced a raft of new sanctions against Russian companies and banks over Moscow’s support for separatists in Ukraine. (AP Photo/RIA Novosti, Alexei Nikolsky, Presidential Press Service)

MOSCOW (AP) — U.S. and European sanctions against Russia’s energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents.

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US economy grew at strong 4 percent rate in spring

In this July 17, 2014 photo, construction workers build a commercial complex in Springfield, Ill. The government issues its first of three estimates of how fast the U.S. economy grew in the April-June quarter on Wednesday, July 30, 2014. (AP Photo/Seth Perlman)

WASHINGTON (AP) — The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.

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EU hits Russian intelligence chiefs with sanctions

In this Wednesday, July 3, 2013, file photo, Russian  Federal Security Service Chief Alexander Bortnikov attends a meeting in the Kremlin in Moscow. A European Union document released Friday, July 25, 2014, shows that among those targeted by a EU-wide asset freeze and travel ban are Alexander Bortnikov, head of the Russian Federal Security. The new sanctions were announced in a Friday entry to the EU's Official Journal. In all, 15 people were sanctioned, and 18 organizations or businesses, including rebel groups taking part in the pro-Russia revolt in eastern Ukraine.  (AP Photo/RIA-Novosti, Mikhail Klimentyev, Presidential Press Service, File)

BRUSSELS (AP) — The European Union on Friday extended its Ukraine-related sanctions to target top Russian intelligence officials and leaders of the pro-Russia revolt in eastern Ukraine, official documents showed.

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Board told premium subsidies unaffected by ruling

SANTA FE, N.M. (AP) — New Mexicans will continue to qualify for subsidies if they buy medical insurance from a government online marketplace, a state insurance exchange official said Friday.

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