'Shocked by Russian President Vladimir Putin’s order to deploy troops to separatist regions of eastern Ukraine, world leaders moved quickly Tuesday to impose as forceful a response as possible in hopes of averting a full-blown war in Europe.'
The rest of the European Union also put some of its cards on the table, saying its sanctions would take aim at several Russian officials, banks financing the Russian armed forces and include limiting Moscow’s access to EU capital and financial markets. British Prime Minister Boris Johnson went as far as naming five Russian banks and three wealthy individuals who were hit with sanctions on Tuesday.
And if Putin pushes further into Ukraine, NATO chief Jens Stoltenberg insisted the West would move in lockstep. “If Russia decides once again to use force against Ukraine, there will be even stronger sanctions, even a higher price to pay,” he said. violated countless international agreements and since diplomacy has failed, it was time to move towards action.
“I wouldn’t say that’s a fully-fledged invasion, but Russian troops are on Ukrainian soil,” Borrell said. “There is a variety of sanctions options that now need to be used in a targeted way, because we have to assume that we haven’t yet reached the peak of the escalation,” he said.“This the first tranche, the first barrage of what we are prepared to do and we hold further sanctions at readiness to be deployed,” Johnson told British lawmakers.A conflict could devastate Ukraine and cause huge economic damage across Europe, which is heavily dependent on Russian energy.
The global condemnation came amid rising skirmishes in the eastern regions of Ukraine that Western powers believe Russia could use as a pretext for an attack on the Europe-leaning democracy that has defied Moscow’s attempts to pull it back into its orbit.
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