Nov 25, 2015
Risk Appetite suffers as tensions rise after Turkey shoots down Russian warplane
Moscow and Ankara are currently at loggerheads after Turkey shot down Russian Su-24 over the Syrian border for air space violation. Turkey has refused to accept Russia’s claims that "for the entire duration of the flight, the aircraft was exclusively over Syrian territory". In a letter to the U.N. Security Council, Turkey however explained the aircraft had flown more than a mile into Turkey for 17 seconds, despite being warned 10 times in five minutes.
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