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Russia Threatens Response if US Doesn't Apologise; Ambassador Recalled to Moscow

RUSSIA

LOCAL NEWS

  • US extends export restrictions on Russia with a 'presumption of denial' becoming effecting today for the export or re-export of controlled items within civil aviation and government space cooperation
    • Russia has threatened extra steps if the US does not apologise for Biden's comments yesterday, calling Putin a Killer and saying Russia would pay for meddling in US elections.
  • Russian ambassador to US to return to Moscow (March 20) for consultations on how to correct Russia-US ties – which are now in crisis.
    • Russian Embassy says reckless statements from Senior US officials pose a real threat to a full collapse in bilateral ties. Russia calls for establishing a dialogue and achieving pragmatic solutions
  • Government cuts support for green generation in 2025-2035 by 22% to 313 billion rubles in order to keep the rise in electricity prices within inflation
    • Meanwhile, Moscow is preparing "green" bonds for April-May for the first time since 2013, "classics" will be placed in tranches of 30-40 billion rubles
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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