LC Login Area

Register Login Forgot Password

Russia Sanctions a Challenge

By Bill O'Neil

A complicated--and potentially dangerous road--that's just what one expert sees as the United States tries to diplomatically push Russian troops out of Ukraine.  

One time U.S. Ambassador to Kazakhstan and Latvia Larry Napper said there are some financial steps the United States can take that would have an impact on Russia. 

"Russian firms might be denied access to the financial markets in New York and London by which they engage in international commerce" Napper told 550 KTSA News, citing one such example. However, Napper said it would be up to the U.S. to hold together any international sanctions effort. He also said it will be up to the international community to come up with a program to help stabilize Ukraine's struggling economy--if any sanction effort were going to succeed. 

Russian troops have taken control of the Ukraine's Crimea Peninsula--which contains a majority that identify with Russia. However, Napper--who is now at Texas A&M's George Bush School of Government--said carving that territory away from Ukraine and giving it to Russia won't solve the issue. 

"That may be what they eventually try to do... but it won't be as simple as it sounds" Napper said, pointing to a sizeable minority there that has a troubled history with Moscow dating back to the Stalin years.  


Filed Under :  
Topics : PoliticsWar_Conflict
Locations : LondonMoscowNew York
People : Larry Napper
KTSA AccuWeather
KTSA Traffic
Keyword Search
Business Directory