Russian companies will be prevented from clearing in GBP and USD – Boris Johnson

British Prime Minister, Boris Johnson announced on Wednesday that the UK would prevent Russian companies from clearing in GBP or USD on UK markets.as reported by Reuters.

Johnson has added that the UK will soon provide more military support to Ukraine in the form of lethal defensive weapons. Unity on the sanctions to be imposed is vitalJohnson emphasized.

The UK Prime Minister has also said that had asked his culture minister to ask media regulators to review Russia Today’s broadcasting license.

Recent news reports suggest that the UK culture minister has subsequently asked UK media regulators to take “timely and transparent” measures against the Russian state broadcasterin the middle of the concern that it may try to spread “harmful disinformation”.

Source: Fx Street

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