... the measures must start to exceed expectations. Asset freezes - TopicsExpress

... the measures must start to exceed expectations. Asset freezes can be powerful, because, as the Iran sanctions showed, international finance dreads being caught up in Americas regulatory machinery. Mr Putins kleptocratic friends would yelp if Britain made London unwelcome to Russian money linked to the regime (see Russian money in Britain: Honey trapped). France should withhold its arms sales to Russia; and, in case eastern Ukraine is next, Germany must be prepared to embargo Russian oil and gas. Planning should start right now to lessen Europes dependence on Russian energy and to strengthen NATO. Ukraine needs short-term money, to stave off collapse, and longer-term reforms, with the help of the IMF, backed by as much outside advice as the country will stomach.

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