FILE PHOTO: Aeroflot presents its first Airbus A350-900 at Sheremetyevo International Airport outside Moscow
Reuters: Europe and Canada move to close skies to Russian planes
(Reuters) -European nations and Canada moved on Sunday to shut their airspace to Russian aircraft, an unprecedented step aimed at pressuring President Vladimir Putin to end his invasion of Ukraine, the biggest attack on a European state since World War Two.
Aeroflot said it would cancel all flights to European destinations after E.U. foreign policy chief Josep Borrell said the European Union had decided to close its airspace to Russian traffic.
The United States is considering similar action, but has yet to make a final decision, according to U.S. officials.
The U.S. government said citizens should consider leaving Russia immediately on commercial flights, citing an increasing number of airlines cancelling flights as countries closed their airspace to Russia.
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WNU Editor: Russia is retaliating ..... Russia retaliates with airspace closure for 36 countries (DW).
Can't visit. Can't conduct business. The soccer league kicked Russia out. Can't transfrer money/
ReplyDeleteWhen do the Russian people turn on Der Fuhrer?
Russia enacted capital controls in an attempt to stem the damage from Western sanctions. The Kremlin barred Russians from transferring foreign currency overseas or servicing foreign-currency debt outside the country. The central bank reportedly ordered financial institutions to block foreign clients from selling Russian securities. Earlier it raised its key interest rate from 9.5% to 20% in an effort to prop up the rouble, which fell by as much as 30% against the dollar. Trading was halted on Moscow’s stock exchange.
ReplyDeleteShell said it would exit its joint ventures with Gazprom, including its 28% stake in a major offshore gas project. Earlier BP said that it was getting rid of its 20% stake in Rosneft, Russia’s state-backed oil giant. Switzerland broke with its long tradition of neutrality and froze the assets of Vladimir Putin, Russia’s president, and nearly 400 other Russians already targeted by EU sanctions.