Tuesday, March 25, 2014

Russia Is Ousted From Group of 8 by U.S. and Allies --- THE HAGUE — The United States and its closest allies on Monday cast Russia out of the Group of 8 industrialized democracies, their most exclusive club, to punish President Vladimir V. Putin for his lightning annexation of Crimea, while threatening tougher sanctions if he escalates aggression against Ukraine. -- President Obama and the leaders of Canada, Japan and Europe’s four strongest economies gathered for the first time since the Ukraine crisis erupted last month, using a closed two-hour meeting on the sidelines of a summit meeting about nuclear security to project a united front against Moscow. -- But they stopped short, at least for now, of imposing sanctions against what a senior Obama administration official called vital sectors of the Russian economy: energy, banking and finance, engineering and the arms industry. Only further aggression by Mr. Putin — like rolling his forces into the Ukrainian mainland — would prompt that much-harsher punishment, the countries indicated in their joint statement, called the Hague Declaration. -- “The biggest hammer that can drop is sectoral sanctions, and the clearest trigger for those is eastern and southern Ukraine,” the senior administration official said. -- Some critics of the administration said the suspension of Russia from the G-8, which administration officials acknowledged was largely symbolic, showed a lack of resolve among the allies to take tougher steps to undo Mr. Putin’s annexation of Crimea. -- But it signified a firming of Western resolve compared with the early days of the Crimea crisis, when Germany and some other allies said it was premature to consider excluding Russia from the club of industrial democracies. Having Russia as part of that group since 1998 was meant to signal cooperation between East and West, and its exclusion inevitably raises new echoes of Cold War-style rivalry. -- Announcing that they would boycott a Group of 8 meeting planned for Sochi — Mr. Putin’s Black Sea showcase for the recent Winter Olympics — the seven countries who met here said they would instead gather by themselves in June in Brussels, headquarters of NATO and the European Union. - More, NYTimes, at: http://www.nytimes.com/2014/03/25/world/europe/obama-russia-crimea.html?hp&_r=0

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