Europe seems to be quickly gaining political will to be effective against Russia. Russia looks to be actually thinking of armed intervention. Rather interesting few weeks.

http://www.nytimes.com/2014/07/29/wo...=top-news&_r=0

U.S. and Europe Set to Toughen Russia Sanctions

The United States and Europe put aside their differences and agreed Monday to sharply escalate economic sanctions against Russia amid worries that Moscow is stepping up its intervention in Ukraine and may be setting the stage for an outright invasion.

After months in which European leaders resisted going as far as the Americans, the two sides settled on a package of measures that would target Russia’s financial, energy and military sectors. In some cases, the Europeans may actually leapfrog beyond what the United States has done, forcing Washington to catch up.