The ruble has fallen by over 3% against the dollar after Barack Obama threatened to step up measures against Russia following further violence in the southeastern Ukrainian city of Mariupol. Speaking at a news conference in New Delhi during his visit to India, Obama said he was “deeply concerned” over events in Ukraine in recent days. Local authorities in Mariupol said anti-government rebels had been firing rockets from long-range GRAD missile systems resulting in 30 deaths and 83 injuries, according to Reuters. While Moscow officially denies that it has provided troops or equipment to the rebels, Obama was clear in …read more
Source: Business Insider
