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Free AccessRussia's Lavrov Threatens Retaliation If Sanctions Imposed On Moscow
Russian Foreign Minister Sergey Lavrov has threatened unidentified retaliation against the UK should the Johnson gov't decide to impose sanctions on Moscow.
- Russo-British relations remain at a low ebb. Much worse relations between the two than Moscow has with any other European power.
- Incidents of enemies of President Putin being poisoned on UK territory (Alexander Litvineko in 2006 and Sergei and Yulia Skripal in 2018) remain fresh in the memory in Westminster, making any substantial rapprochement between the two sides unlikely in the short-to-medium term.
- Given the small number of Russian goods purchased in UK, and UK not being overly reliant on Russian gas, the most likely form of Russian retaliation would come in the form of cyberattacks on UK gov't systems and critical infrastructure. Ukraine and the Baltic states have already experienced significant cyberattacks believed to have originated in Russia. The FCA has already instructed banks to seek to strengthen cyber defences in anticipation of a potential hack from Russian agents.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.