2015-10-29bloomberg.com

The neighbors are vowing to fight each other in a London court over a $3 billion bond Vladimir Putin bought to reward his Ukrainian ally, Viktor Yanukovych, for rejecting closer trade ties with the European Union two years ago. That move fueled the protests in Kiev that led to Yanukovych's ouster, Putin's annexation of Crimea and an insurgency that's killed 8,000 people.

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"This issue will go to court, there's no other way around it," said Christopher Granville, a former U.K. diplomat in Moscow who runs Trusted Sources research group in London. "There's no way Russia will remain under financial sanctions from the U.S. government and accept the same terms as Franklin Templeton."



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