U.S. Imposes Sanctions on Russia Again Over UK Spy Poisoning

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Last Updated on: 31st August 2018, 09:02 pm

This past week saw the latest round of American sanctions on Russia take effect. These were unique in their stemming from the Russian nerve agent attack on the Skripals in Great Britain. They increase significantly the assortment of economic penalties and pain that Russia has experienced over the past few years.

It explains why you need to spend some time contemplating the top five gold coins for investors. The geopolitical condition of the world is the worst it has been in decades. These Russian sanctions and trade wars are only the proverbial tip of the iceberg. This is why gold makes sense in an IRA. Now is the time to consider the various Gold IRA rules and regulations while the prices on the yellow metal are still fairly reasonable.

Is This The End of Western Foreign Assistance and Arms Sales To Russia?

This week's punishing latest round of Russia sanctions bit deep. More than this, they are a personal assault on some of the activities that are nearest to the Russian government's heart. Foreign assistance to Russia terminates now.

Arms financing and sales to the Russians are also largely shut down. Moscow will also no longer get credit from America and much of the West.  America will also no longer be exporting any technology, machinery, or goods that are considered to be security related items to Russia.

Relations Between Washington and Moscow At An All-Time Low

RIA has been busy reporting the Russian response. As you might expect, the Russians are anything but happy about the latest round of crippling sanctions. They are all the more irate as they stubbornly cling to the argument that they had nothing to do with the Novichok poisoning incident in the typically small, sleepy English town of Salisbury.

The Russian Foreign Ministry warned that such new sanctions will only add further to the already tense relations between the United States and Russia. The strange part of the entire affairs is that U.S. President Donald Trump actually wants to have improved relations with Russian President Vladimir Putin. Yet despite this personal affinity the two powerful men have for each other, the ties with Moscow have never been worse.

They have only been further strained by the supposed Russian meddling in the U.S. 2016 year presidential election contest. Problems before this murky incident stem back to the dispute over Russian annexation of the Crimean peninsula from Ukraine back in 2014. It also does not help that the West is heavily at odds with the Russians over their controversial part in the resolution of the devastating Syrian civil war.