Midweek Roundup: White House Prepares New Russia Sanctions, Spain Moves Ahead with Royal Laundering Case, and More

The Obama administration is preparing sanctions targeting Russia's financial, energy and defense industries despite resistance from European allies, The New York Times said. More Existing U.S. sanctions have proven difficult to enforce, in part, due to the web of investors behind even small corporations, such as Nasdaq-traded television company CTC Media Inc., Bloomberg said. More German Chancellor Angela Merkel will also support additional sanctions against Russia if the country doesn't attempt by Friday to stem violence in Ukraine, Bloomberg reported. More U.S. and EU officials believe a European Council meeting in Brussels this week could be an opportunity to announce...