BRUSSELS (AFP) – European Union leaders on Tuesday threatened new sanctions against Russia over a bloody offensive by pro-Kremlin Ukrainian rebels, backing, the latest bid to pressure a defiant President Vladimir Putin.The decision came a day after Standard and Poors downgraded Russias foreign currency rating to junk because of its eroding economic health, weakened by a wave of Western financial restrictions last year and the plunging price of its oil exports.The downgrade put still more pressure on Russias depreciating ruble.But the Western moves so far appear to have done little to change Putins approach to the conflict in Ukraine or …read more
Source: Dunya TV
