Sputnik — New US Sanctions to Affect Europe, Ukraine More Than Russia – [US] Expert

Summary:
The new US sanctions against Russia, imposed in response to Moscow’s recognition of the breakaway Donetsk and Lugansk people’s republics (DPR and LPR), will affect Ukraine and Europe more than Russia itself, US-based Eurasia Center Executive Vice President Earl Rasmussen told Sputnik.…“Energy costs will skyrocket even more. European industry will be slowed and likely not recover for a while,” Rasmussen said, adding that that outcome may well be one of the US objectives to achieve....“US companies may feel the impact. China will likely meet areas vacated by United States and Europe. Tech companies will likely be displaced by China or Russian technology,” he said....Sputnik InternationalNew US Sanctions to Affect Europe, Ukraine More Than Russia - [US]

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