EU targets Russian oil firms, banks with new sanctions
Issued on: Modified:
The EU has put into effect a raft of tough new sanctions against Moscow, targeting the oil, defence, and banking sectors. Russian authorities have threatened to retaliate, but the measures have pushed the rouble to a new low against the dollar. Meanwhile, Argentina passes a new law to by-pass a US court and pay its debts... and the IMF weighs in on Scotland’s referendum.