28 Nov 2018
Several senior European politicians on Tuesday raised the possibility of new sanctions against Russia to punish it for capturing three Ukrainian vessels at sea, an incident the West fears could ignite a wider conflict.
Financial markets have responded to the prospect of new Western sanctions that could hurt Russia’s economy, though the rouble on Tuesday clawed back some losses from the previous day as investors bet any sanctions would not be swift.
After Russia opened fire on and seized the Ukrainian boats and crews on Sunday near Crimea – which Russia annexed from Ukraine in 2014 – Moscow and Kiev have tried to pin the blame on each other.
– By Andrew Osborn and Anton Zverev, Reuters, 27 November 2018.
Link to Reuters.
Count reading this article to your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet