Financial Times: Visa and MasterCard restart payments for Russian banks

This picture taken on April 4, 2013, shows Gennady Timchenko, one of the founders of Gunvor, a top independent oil and energy commodity trading firm, attending a meeting of Russian Geographic Society's Supervisory Council in Saint Petersburg. US President Barack Obama announced the new round of punitive measures against 20 Russian lawmakers and senior government officials, in addition to 11 individuals already targeted. Obama said Russia risked further isolation if it did not reverse course. Among those named were top businessmen close to President Vladimir Putin such as billionaire Gennady Timchenko. AFP PHOTO / INTERPRESS / ALEXANDER NIKOLAYEV

Photo by AFP