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http://www.nytimes.com/2014/08/06/world/europe/putin-urges-economic-retaliation-for-sanctions-over-ukraine-conflict.html?_r=0
http://abcnews.go.com/Politics/wireStory/putin-orders-import-limits-sanctions-24864639

Shortly. Putin starts sanctions against 'the countries who started sanctions against Russia'. Import of agricultural goods, fruits and vegetables and some raw materials from EU/USA will be stopped.

Also Russia thinks on a possibility to close Russian sky for foreign planes, resulting in a huge increasing of a way from Europe to China/Asia. 

What do you think about it?