European Commission president: Sanctions to target Russia access to technology, cripple its economy
Bill Browder, the founder and CEO of Hermitage Capital Management, an investment fund and asset management company with experience in Russian markets, argues the U.S., U.K., Canada, Australia and Canada must ‘go after’ Vladimir Putin’s money.
European Commission President Ursula von der Leyen announced Thursday that the European Union is preparing a “determined and united response” to Russia’s invasion of Ukraine, which includes plans for sanctions aimed at restricting the country’s access to technologies and crippling the Russian economy.
During a joint news conference with NATO Secretary General Jens Stoltenberg and European Council President Charles Michel, von der Leyen said