: :inin Kyiv (EET)

Russia strikes back at Turkey by cutting business ties


MOSCOW (AP) — Russia plans to retaliate against Turkey for the downing of a warplane by imposing sanctions, cutting economic ties and scrapping major investment projects.

Since the plane was shot down Tuesday in disputed circumstances on the Syria-Turkey border, Russia has already restricted tourism, left Turkish trucks stranded at the border and announced the confiscation of large quantities of Turkish food imports.

Turkey obtains most of its energy from Russia, and while ending those supplies would cause economic pain for Russia, scrapping plans for Turkish Stream could be more expedient, says Ozgur Unluhisarcikli, director of the German Marshall Fund in Ankara.

Given …read more

Source: San Francisco Chronicle

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