Sanctions fallout. Turkish exports to Russia decreased in January by 30 percent from $792 million to $551 million compared to the same period last year. Russian exports to Turkey also declined by 20 percent, reaching $3.9 billion. The slump is attributed to payment problems as Turkish banks block cash transfers from Russia over fears of […]
Daily Memo: Turkey-Russia Trade, Macron Hosts Armenian Leader
U.S. efforts to block Russia from skirting sanctions are having an impact.
