What If Putin Doesn't Care About Sanctions?

Jamila Trindle, Foreign Policy - September 4, 2014

The Associated Press

The mere threat of additional Western sanctions against Moscow this week sent Russia's currency to new lows; it's down 12 percent this year. Inflation is expected to rise at least 1 percentage point. More than $100 billion in capital has already fled the country, by some estimates. Russia is feeling the Obama administration's intended financial pain. The only problem is that its faltering economy hasn't dissuaded President Vladimir Putin's Ukrainian ambitions.

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TAGGED: Vladimir Putin, Sanctions, Russia, Ukraine