Who loses from punishing Russia?

If trade and financial sanctions were imposed on Russia, the cost to the UK might well exceed the cost to Russia.

That is presumably why the Foreign Office wrote – in a document carelessly (or deliberately?) displayed yesterday for the lenses of photographers – that “the UK should not support for now trade sanctions or close London’s financial centre to Russians”.

 

http://www.bbc.com/news/business-26431849

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