It seems even with Putin's threat of retaliation against international sanctions couldn't stop the Russian Stocks from sinking to a 3 month low. I read the Bloomberg Russia US Equity index fell 2.1 to 82.25 in New York yesterday. The latest sanctions targeted the banking and energy industries with financing restrictions and export bans. I don't see Putin leveraging much power as Russia is not consider a powerhouse within the EU. It's almost like watching a leader grasping at straws but I'll give him credit on not caving into pressure as of now. He is still supporting the rebellion in the Ukraine and will not change his position on that.