: :inin Kyiv (EET)

Amid Defiant Russian Sanctions, Serious Doubts About Economic Future


This is the season of economic discontent in Russia, with Moscow and the West tit-for-tatting sanctions in response to the ongoing Russian-backed insurgency in eastern Ukraine.

The Kremlin issued a not-so-subtle threat this week that it might impose sanctions on car imports if United States and its Western partners slapped new restrictions on Russia. The respected daily newspaper Vedomosti on Monday, citing unnamed government officials, said the measures being considered include partially or fully banning car imports.

Other possibilities include barring international air carriers from Russian airspace, or putting up new protections for aircraft, shipbuilding and automotive industries.

An earlier round of sanctions …read more

Source: Voice of America

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