On July 29, President Barack Obama announced the most restrictive U.S. sanctions against Russia since the outbreak of the crisis in Ukraine. The sanctions were coordinated with the European Union and strike at several Russian state-owned companies in the financial and defense sectors.
Russia's War Against Ukraine
Business Insider: Sanctions have little effect on Putin’s incredible popularity in Russia
Russian President Vladimir Putin attends the celebration of Navy Day in Severomorsk, July 27, 2014.
