News Column

Shares fall due to US sanctions

July 18, 2014

MOSCOW: Moscow shares fell yesterday after Washington imposed its toughest economic sanctions on Russia yet, sending shares in oil producer Rosneft tumbling and hitting other energy, financial and defence firms.

The US imposed sanctions on some of the key players in the Russian economy over what Washington says is Moscow's reluctance to curb violence in Ukraine.

Cape Argus

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Source: Cape Argus (South Africa)

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