By Anthony Zurcher
In response to Turkey shooting down a Russian jet last week, President Vladimir Putin has signed a decree putting into effect a set of harsh economic sanctions. In addition to covering imports from Turkey and limiting Turkish companies/nationals located in Russia, the sanctions also will end charter flights between the two nations and forbid tourist packages to Turkey. These provisions are expected to have a considerable effect, as Turkish exports to Russia are worth more than $1.52B each year. Neither side is showing any signs of backing down following the controversial jet shooting, which Turkey claims was a violation of its airspace. Mr. Putin has firmly maintained that the jet was in Syrian territory and is expecting a formal apology that has yet to materialize.