- may result in Russia becoming more economically independent
Earlier this morning Japan also announced they will freeze assets of those who appear involved in Ukraine instability and will prohibit imports of Crimean-made products
The Russian foreign min also stated
- Moscow hopeful that OSCE monitors could be deployed along Russia-Ukraine border
- Moscow hopeful Malaysia jet crash investigation will respect “presumption of innocence”
- has no official information on Yukos decision* but does not rule out an appeal
* The Hague’s arbitration court has this morning apparently ruled in favor of a group of shareholders in defunct oil giant Yukos against Russia, awarding compensation of around $50 billion.The Permanent Court of Arbitration in the Hague is expected to announce on Thursday that Russia must pay the compensation – half of the original $100 billion claim – to former shareholders in the company, once Russia’s largest oil producer
Reuters has more on the story here
Update:
- GML group of shareholders lawyers say the ruling against Russia is enforceable immediately but Russia will have 180 days before interest starts to be accrued
