Russia is so scared of the new sanctions against a few individuals outlined by the President this morning, that their markets rallied on the announcement. The tweet is from the Moscow Bureau Chief of the Wall Street Journal!
Think about this for a moment.... didn't the President and SOS Kerry warn Russia of "dire consequences'? So what have we done? Well we've taken action against SEVEN people - not interestingly enough, Vladimir Putin! SEVEN! We have apparently targeted their assets and banned them from coming to Miami on vacation.... or any other part of the US too.
I wonder if the laughter has died down yet inside the Kremlin?
Strong signal? Russian markets rally on relief that sanctions lists limited #ukraine— greg white (@whitegl) March 17, 2014