/obama-team-debates-how-to-punish-russia

  • Obama Team Debates How to Punish Russia
    http://www.nytimes.com/2014/03/12/world/europe/obama-team-debates-how-to-punish-russia.html?_r=0

    Administration officials have concluded that they have the means through sanctions to badly damage the Russian economy...

    (...)

    But others in the administration, particularly economic officials, are wary of especially ruinous options that they argue could alienate allies as well as provoke a dangerous cycle of retaliation. The White House is under intense pressure from major American companies that do not want to lose business to competitors because of unilateral sanctions or to risk retribution from the Kremlin.

    (...)

    Although the United States does only $40 billion in trade with Russia each year, American businesses argue that the amount understates the real economic ties. Ford, for instance, has two assembly plants in Russia that make cars with material that comes from Europe, so that would not be reflected in import-export figures.

    Boeing has sold or leased hundreds of planes in Russia and projects that the republics of the former Soviet Union will need an additional 1,170 planes worth nearly $140 billion over the next 20 years. Moreover, the company has a design center in Moscow, has just announced new manufacturing and training facilities in Russia and depends on Russia for 35 percent of its titanium.