Georgia has still not received any information from Russia about the closure of Russian airspace to Georgian debtor airlines. According to the Georgian Civil Aviation Authority, the debts in question are 'imaginary', as the 15 companies named by the Russian authorities have long since been wound up. The Civil Aviation Authority believes that Russia has raised this issue 'for political reasons.'
Yesterday morning the Russian Central Air Traffic Control Centre announced that Russia was closing its skies to 15 Georgian airlines with debts of over USD 3.5 million.
Russian Finance Minister Anton Siluanov announced a possible move that Russia can take in response to new US sanctions
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked
The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America