Britain has earlier slapped sanctions on Russian banks, companies, and oligarchs in response to the invasion, and agreed with the European Union and the U.S. to block some Russian banks from the SWIFT global financial messaging system.
If fully carried out as planned, the measures will severely damage the Russian economy and markedly constrain its ability to import and export goods.
According to industry experts, the rupee value vis-a-vis USD went into decline as the US dollar gained rapid strength amid fears that economic crisis in Turkey could spread to other global economies.
Iran accused the US of reneging on the nuclear agreement, signed by the Obama administration, and of causing recent Iranian economic unrest. European allies said they “deeply regret” the US action.
Beirut, Nov 30: Turkey slapped tough economic sanctions on Syria on Wednesday, freezing assets of officials involved in the government's crackdown on an 8-month-old uprising, suspending ties with the nation's central bank and banning all
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