The threat from the east

Possible sanctions against Russia over Ukraine could hurt Russia's biggest trade partners and push the world into recession, writes David McWilliams.

27th April, 2014
If the secessionist tail does end up wagging the Russian dog, then sanctions may well be on the cards.

This week's column comes to you from a very warm and sunny Istanbul, where I am working, for my sins. This is one of the world's great cities and everywhere there is the evidence that this place has been at the centre of the world for close to 2,000 years, stretching down the ages from the Roman Eastern Empire to the centre of the Ottoman Empire. The Ottomans were eventually deposed and replaced by Ataturk...

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