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4/4, 1:49 PM (Source: TeleTrader)
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Putin signs decree on retaliatory visa restrictions

Russian President Vladimir Putin signed a decree on visa restrictions on Monday, as a retaliatory move in an answer to the West's continuous sanctions against the country.

The decree was signed "based on the need to take urgent measures in response to the unfriendly actions of the European Union." The order has suspended numerous clauses of agreements on visas with the European Union, Norway, Denmark, Iceland, Switzerland and Liechtenstein.

Earlier, both the United Kingdom and the EU shared that they will be working towards imposing a new set of sanctions against Russia. In addition, the United States asserted that it will be seeking Russia's suspension from the United Nations Human Rights Council.

Baha Breaking News (BBN) / AY