Russian President Vladimir Putin

Russian President Vladimir Putin: After a lengthy debate in Brussels, the EU agreed to impose a series of restrictive measures against Russia, or phase three sanctions that hit entire chunks of the economy. Along with new sanctions coming from the United States and Canada , this combined move is said to be is the boldest swipe against Russia economically since the end of the Cold War, according to The Toronto Star, Canada. In the wake of continued aggression by Russia, which includes the ongoing supply of logistical support and weapons systems to agents of the Putin regime in eastern Ukraine, Canada is announcing its intent to once again increase economic and political pressure, in the coming days, by imposing additional sanctions on the regime and those closest to it, Harper said. The EU sanctions will also be detailed in the days ahead and The European Union and western nations joined on Tuesday to try to force Russian President Vladimir Putin to stop his military aggression in Ukraine by isolating Russia from the global economy with a series of sanctions targeted at banks, the arms industry and the oil sector. Canadian Prime Minister Stephen Harper and U.S. President Barack Obama made separate statements on Tuesday saying they would move in concert with the EU. On July 24, Harper announced Canada would impose sectoral sanctions against Russian arms manufacturers, energy and financial entities with links to the Kremlin. (news.financializer.com). As reported in the news.