The Government has set out its “toughest ever” sanctions on Russia, such as freezing the assets of its major banks, banning Aeroflot from landing in the UK and financial restrictions on oligarchs.
Here are five other ways the West could target Russia:
1. Cut it off from Swift, the global system banks use to make cross-border payments. Analysts say it would shrink Russia’s economy by 5%. But it could hit nations with major trade links with Russia, and push Russia into using China’s alternative, Cips, boosting their association.