Russia's Ukraine actions have made its economy vulnerable - PM's spokesman


  • World
  • Tuesday, 16 Dec 2014

LONDON (Reuters) - Russia's isolation over its actions in Ukraine have made it more vulnerable to global economic shocks, British Prime Minister David Cameron's spokesman said on Tuesday.

A fall in oil prices by almost a half since June has put severe strain on Russia's oil-dependent economy, with a collapse in the rouble and Russian stocks adding to the pressure Western sanctions are placing on President Vladimir Putin.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Could being online actually be good for you? New study reveals a surprising finding
Google executives hint that AR glasses are poised for a comeback
Google moves deepfake porn sites lower in its search rankings
American sought after ‘So I raped you’ Facebook message detained in France on 2021 warrant
Indonesia searches for 35 still missing in deadly Sumatra floods
Will AI replace doctors who read X-rays, or just make them better than ever?
Israeli tanks push deeper into Rafah; battles rage in northern Gaza
In major change, Google to use AI-generated answers in search results
New Caledonia riots rage on after Paris approves voting change
Russia repels massive Ukraine air attack on Sevastopol, official says

Others Also Read