UK announces more sanctions on Russian banking and shipping

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UK announces more sanctions on Russian banking and shipping
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The UK has announced more sanctions on Russian banks and shipping - including a full asset freeze on the country's development bank. The unprecedented global sanctions have sent the rouble crashing to a record low. heliaebrahimi reports.

The UK has announced more sanctions on Russian banks and shipping – including a full asset freeze on the country’s development bank. The unprecedented global sanctions have sent the rouble crashing to a record low.

This morning the central bank ordered the stock exchange to close all day – citing ‘the developing situation’ – while oil giant Shell has just announced it will end all joint ventures with Russia’s Gazprom, worth some three billion dollars.

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