Speaking in the Estonian capital, Tallinn, US President Barack Obama said Russian aggression in Ukraine that threatens a Europe dedicated to peace will not be without consequences and Moscow is feeling the pinch:
“Make no mistake, Russia is paying a price. Capital is fleeing, foreign investment is plummeting because investors know that today’s Russia is a bad bet,” said the president.
He criticised Russia’s control of energy supply to manipulate Kyiv. Obama wants a change: “Diversify its energy sources, no country should be held hostage to another nation that wields energy like a weapon.”