Dutch PM Warns Russia Sanctions Will Remain

January 22, 2015 Share Print 0

Sanctions against Russia should remain in place, and Russia must “stop interfering in Eastern Ukraine,” according to Mark Rutte, Prime Minister of the Netherlands, the country where flight MH17 originated.

In July, Malaysia Airlines flight MH17 carrying 298 passengers and crew members, including 196 Dutch nationals, was shot down over Ukraine, apparently by Russian-backed militants. The tragedy triggered a wave of international condemnation and economic sanctions against Russian businesses and wealthy individuals.

Rutte told CNBC at the World Economic Forum’s annual meeting in Davos, Switzerland that it’s important that there be no “political sting” to the “independent” investigation into what happened to the flight, which is being run in the Netherlands.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.