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Russian President Vladimir Putin has skilfully exploited European divisions on the sanctions strategy by cozying up to the more neutral players like Italy, Hungary, Bulgaria, Greece and Austria (a sanctions opponent and big customer for Russian natural gas), and softening his public stand on support for separatists in eastern Ukraine.
Russian President Vladimir Putin has skilfully exploited European divisions on the sanctions strategy by cozying up to the more neutral players like Italy, Hungary, Bulgaria, Greece and Austria (a sanctions opponent and big customer for Russian natural gas), and softening his public stand on support for separatists in eastern Ukraine.
(Alexei Druzhinin/AP)

No stiffer Russian sanctions: Corporate America has spoken

Chalk up another tactical victory for Russian President Vladimir Putin.

While the Obama administration contemplates ratcheting up sanctions against Russia to a level that might actually inflict real economic pain by targeting specific sectors, leading U.S. business lobbies are loudly proclaiming that their members will be the ones that suffer the most.