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Transcripts For MSNBCW NOW With Alex Wagner 20140729

Sectors of the russian economy, energy, arms and finance. These new u. S. Sanctions come just hours after the eu agreed on its own round of new economic sanctions. Those sanctions which are aimed at entire sectors of the russian economy are the harshest yet to come from europe. They target russias oil and finance and arm sectors by restricting the ability of russian stateowned banks to raise capital from europe by placing an embargo and eu sanctions are expected to take effect as soon as this friday. This comes one day after the Obama Administration that russia violated a 1987 arms treaty by testing a prohibited cruise missile. The treaty is a landmark cold war pact signed by ragen and gorbachev. U. S. Officials say russia first began testing the cruise missiles as early as 2008. Joining me now is deputy Spokes Person for the state department, marie harf, thanks for joining us on a very busy day. Thank you. At this point, does the state department hold out any hope that the situation i

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