Friday, October 24, 2014   

Russian investments in London place Britain's Cameron in a bind over Ukraine sanctions
(03-04 18:01)

Britain opposes trade or financial sanctions on Russia over its intervention in Ukraine, media reports said, citing an apparently official document photographed as it was being carried into Downing Street.
The document was snapped in the hand of a senior official walking into a meeting at Prime Minister David Cameron's office yesterday, according to the BBC and several newspapers, AFP reports.
(Pictured British Prime Minister David Cameron with Russian President Vladimir Putin).
Apparently setting out Britain's options in the Ukranian crisis, it says “the UK should not support for now trade sanctions... or close London's financial centre to Russians.’’
London is an increasingly popular destination for wealthy Russians and the banks and trading houses of the City of London attract substantial amounts of Russian money.
During a visit to Kiev yesterday, Foreign Secretary William Hague warned Russia of the “consequences and costs'' of intervention in Ukraine, without giving any details.
According to state-funded broadcaster BBC, the official briefing paper says public statements should be kept “generic'' and specific threats should be “contingent and used for private messaging.’’
Cameron said yesterday: “What we want to see is a de-escalation rather than a continuation down the path that the Russian government has taken, violating the sovereignty and territorial integrity of another country.
“So we shall have to bring to bear diplomatic, political, economic and other pressures in order to make this point.''
Downing Street refused to comment on the photographed document, which emerged after EU foreign ministers warned of sanctions against Moscow following emergency talks in Brussels.
   
Other World breaking news:
Colossal volcanic eruption could destroy Japan: study (10-23 18:51)
France sends police reinforcements to Calais after migrant clashes (10-23 18:21)
New Japan minister hit by S&M bar scandal (10-23 17:23)
Ebola sleuths scour DR Congo jungle for source of outbreak (10-23 11:36)
Lone gunman kills Canadian soldier in Ottawa attack (10-23 11:14)
Two die in Sierra Leone riot sparked by Ebola blood testing (10-22 18:54)
Suspects retract claims they killed Brits: lawyers (10-22 18:50)
Father of UK hostage dies after appeal to save son (10-22 18:48)
NKorea says Kim Jong-Un freed US detainee on Obama request (10-22 18:44)
Japan deputy PM directly urges China to hold summit (10-22 18:26)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.