The Russian business world is braced for the European Union's unfurling of a fresh round of economic sanctions on Sept. 5, with analysts predicting that Russia's $2 trillion economy will be squeezed even tighter while its companies face isolation from international markets.
The Moscow Times: New EU sanctions to inflict long-term pain
German Chancelor Angela Merkel stands alongside Georgian President Giorgi Margvelashvili (L) during a moment of silence for killed service members in Afghanistan at the start of a meeting on the country on the first day of the NATO 2014 summit at the Celtic Manor Hotel in Newport, South Wales, on Sept. 4, 2014. The NATO summit billed as the most important since the Cold War got underway with calls to stand up to Russia over Ukraine and confront Islamic State extremists. AFP PHOTO/SAUL LOEB
