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Economy

Ukraine introduces martial law citing threat of Russian invasion

Updated : November 27, 2018 06:41 AM IST

Poroshenko said martial law was necessary to bolster Ukraine's defences after Russia seized three Ukrainian naval ships and took their crew prisoner at the weekend.
The Ukrainian parliament approved the introduction of martial law after Poroshenko reassured some sceptical lawmakers that it would not be used to curb civil liberties or delay elections scheduled for next year.
Markets are highly sensitive to anything that could trigger new Western sanctions, and therefore weaken the Russian economy. A fall in the price of oil - Russia's biggest source of revenue - has made its economy more vulnerable.
Ukraine introduces martial law citing threat of Russian invasion
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