Russia has warned France of the fines it would have pay if it falls through with its intention to cancel the deal to supply Mistral-class helicopter carriers to Moscow.

France has warned it has suspended the delivery of the first Mistral-class helicopter carrier to Russia over its alleged role in the Ukraine crisis.

The UK’s Virgin Group has published a call for an end to the Ukraine conflict signed by 16 Russian, Ukrainian and international business leaders.

Switzerland has rejected pleas from other European countries hit by the Russian food embargo to export their products via its territory in the latest twist of the sanctions war.

CNN has put together a nice infographic with the fallout of the food embargo that Moscow placed on countries that had imposed sanctions against it.

Poland may slap a ban on Russian coal to counter Moscow’s retaliatory food embargo introduced earlier in August that hit hard Polish farmers.

The Russian government is considering new possible sanctions against the US and the EU if they introduce a new round of restrictions over Russia’s alleged role in the Ukraine crisis, says Vedomosti newspaper.

The Association of European Businesses has called on both the EU and Russia to refrain from any further sanctions to protect investors.

The International Civil Aviation Organization (ICAO) has agreed to assist in the investigation of the MH17 crash in Ukraine’s eastern region of Donetsk.

The leaders of the BRICS countries (Brazil, Russia, India, China and South Africa) will sign a framework agreement on establishing a pool of foreign exchange reserves.