Europe Can Putin convince Russians to rally in face of new sanctions?

President Obama is likely to sign off on new sanctions targeting oil and arms exports. Sanctions have helped drive down the ruble, which has lost half its value this year.

By , Correspondent

RIA NOVOSTI/Reuters

As stunned Russians confront a sharply degraded economic landscape, a new law that would sharply increase US sanctions pain on Russia is awaiting President Barack Obama's signature.