Thursday, August 7, 2014

Russia retaliates against US and EU with initial "light touch" sanctions

Vladimir Putin has retaliated to western sanctions imposed over Russia's support for rebels in Ukraine.

The Russian president has signed a decree limiting or banning imports of agricultural products from countries behind the sanctions push.

The Kremlin's response is clearly targeted at the United States and the European Union, but also Japan and Canada.

While Russia's measures are limited to fruit and vegetables, analysts expect tougher sanctions could eventually be imposed such as restrictions on the use of Russian airspace.

Here's my report from The World Today.

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