Russia and Turkey will both lose from Moscow's sanctions

December 1, 2015 12:51 AM

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London (CNN Money) — Russia has imposed economic sanctions on Turkey, even though it might hurt itself in the process.

Moscow has banned the import of some Turkish goods, imposed restrictions on travel, and plans to stop some Turkish companies doing business in Russia. The move comes after Turkey shot down a Russian warplane near the Turkish-Syrian border last Tuesday. Turkey has not apologized, saying it acted in s...

Also read: Russia Flexes Military Muscle With Recent Deployments

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