From Reuters:

Russia threatened economic retaliation against Turkey on Thursday and said it was still awaiting a reasonable explanation for the shooting down of its warplane, but Turkey dismissed the threats as “emotional” and “unfitting”.

In an escalating war of words, President Tayyip Erdogan responded to Russian accusations that Turkey has been buying oil and gas from Islamic State in Syria by accusing Syrian President Bashar al-Assad and his backers, which include Moscow, of being the real source of the group’s financial and military power.

The shooting down of the jet by the Turkish air force on Tuesday was one of the most serious clashes between a NATO member and Russia, and further complicated international efforts to battle Islamic State militants.

World leaders have urged both sides to avoid escalation.

Russian Prime Minister Dmitry Medvedev ordered his government to draw up measures that would include freezing some joint investment projects and restricting food imports from Turkey.

Economy Minister Alexei Ulyukayev said Moscow could put limits on flights to and from Turkey, halt preparations for a joint free trade zone, and restrict high-profile projects including the TurkStream gas pipeline and a $20 billion nuclear power plant Russia is building in Turkey.

Russia’s defense ministry meanwhile said it had suspended all cooperation with the Turkish military, including a hotline set up to share information on Russian air strikes in Syria, the TASS news agency reported.

“We are strategic partners … ‘Joint projects may be halted, ties could be cut’? Are such approaches fitting for politicians?,” Erdogan said in a speech in…

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