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US Treasury says US sanctions on Russia having an impact

US Secretary of Treasury Jack Lew speaks on US finances and the international economy at the Council on Foreign Relations in Washington, DC, January 16, 2014US Treasury Secretary Jack Lew said in a radio interview Friday that sanctions imposed on Russia for actions in Ukraine are “having an impact.” Even the Russians are admitting that they’re having an impact,” Lew told the American Public Radio show Marketplace. Russia “cannot continue to violate Ukraine’s sovereignty … without facing additional and more stringent sanctions. Lew said that he doesn’t believe that sanctions “are being taken lightly” in Russia.

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