The European Union is prepared to place sanctions on Russia - based on Russia's actions in the Ukraine - and many are wondering about the economic impact of those sanctions.
Money Morning's Global Energy Strategist Dr. Kent Moors joined CCTV last night (Thursday) and discussed why these Russian sanctions by the EU may not have a huge impact on the Russian economy short term.
However, the Russian sanctions could have a major long-term effect, particularly on Russia's energy sector...