Russian president now out on the wires via RIA
- Russian pilots didn't threaten anybody
- considers the downing of the jet to be a "stab in the back"
- large amounts of oil from militants in Syria go to Turkey
- the incident will have serious consequences for Russian/Turkish relations
- Turkey is behaving as though Russia shot down its own plane
Meanwhile Turkish PM Davutoglu says:
- it's Turkey's right to respond if Turkish airspace is violated
Update 12.57 GMT
- Turkish defence attaché in Moscow summoned to Russian defence ministry
US stock index futures down 0.7% after the Putin comments the standout being the "serious consequences" quote
Sad and nervous times but still only minimal impact on fx markets currently although gold is rallying strongly
USDJPY stuck around 122.50 USDCHF 1.0170