German Businesses Urge Halt on Sanctions Against Russia

WALL STREET JOURNAL: .. As the Ukraine crisis has worsened, German officials have faced a barrage of telephone calls from senior corporate executives, urging them not to take steps that would damage business interests in Russia, people familiar with the matter say.

Until now, Western sanctions have targeted individuals and companies, but the U.S. is pushing for broader sanctions that could hit entire Russian sectors if the situation escalates…

“If there’s a single message we have as business leaders, then it’s this: sit down at the negotiating table and resolve these matters peacefully,” Eckhard Cordes, a former Daimler AG executive who now heads the Ostauschuss, German industry’s lobbying arm for Eastern Europe, told a recent conference in Berlin… (more)

EDITOR: Turns our stomach to hear such self serving drivel.

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