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Tim Wallace — UK will not match US sanctions on Russia as Hammond blames EU dissent

Summary:
Britain and the US will not stand shoulder to shoulder against Putin’s regime as the EU is never likely to agree to tough sanctions, the Chancellor has warned.  But unified financial sanctions are more difficult to arrange, as the UK only joins actions when they are imposed either at the UN or the EU level.... The TelegraphUK will not match US sanctions on Russia as Hammond blames EU dissent Tim Wallace

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Britain and the US will not stand shoulder to shoulder against Putin’s regime as the EU is never likely to agree to tough sanctions, the Chancellor has warned. 
But unified financial sanctions are more difficult to arrange, as the UK only joins actions when they are imposed either at the UN or the EU level....
The Telegraph
UK will not match US sanctions on Russia as Hammond blames EU dissent
Tim Wallace
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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