Russia Says Will Retaliate Against US Sanctions
Russia Says Will Retaliate Against US Sanctions

Russia Says Will Retaliate Against US Sanctions

Russia Says Will Retaliate Against US Sanctions

Russia threatened to retaliate against new sanctions passed by the US House of Representatives, saying they made it all but impossible to achieve the Trump administration’s goal of improved relations.
The measures push US-Russia ties into uncharted territory and “don’t leave room for the normalization of relations” in the foreseeable future, Deputy Foreign Minister Sergei Ryabkov said Wednesday, according to the Interfax news service, Bloomberg reported.
Hope “is dying” for improved relations because the scale of “the anti-Russian consensus in Congress makes dialogue impossible and for a long time,” Konstantin Kosachyov, chairman of the international affairs committee in Russia’s upper house of parliament, said on Facebook. Russia should prepare a response to the sanctions that’s “painful for the Americans”, he said.
Draft new US sanctions against Russia will hurt the powers of US President Donald Trump and the European Union’s energy security more than Russia’s economy, Interfax news agency cited Russian Economy Minister Maxim Oreshkin as saying on Wednesday.
Oreshkin also said the new US sanctions would have no significant influence on the ruble exchange rate, the agency reported.
The bill passed by a vote of 419-3 on Tuesday strengthens sanctions against Russia less than three weeks after President Donald Trump and his Russian counterpart Vladimir Putin held their first official meeting at the Group of 20 summit. The measure, which now goes to the senate, requires Trump to seek congressional approval before easing sanctions imposed under the Obama administration for Russian meddling in the 2016 presidential elections and its support for separatists in Ukraine. The White House has sent mixed signals about whether Trump will sign the bill.
Russia has prepared “economic and political measures that will be adopted if the senate and Trump support the bill,” said Vladimir Dzhabarov, deputy chairman of the international affairs committee in the upper house, the RIA Novosti news service reported. Relations with the US “are at such a low level that we have nothing to lose” by retaliating, he said.


Short URL : https://goo.gl/B7wcsL
  1. https://goo.gl/qcuNZi
  • https://goo.gl/Br1Amy
  • https://goo.gl/nxijnS
  • https://goo.gl/u8nqE4
  • https://goo.gl/xU4Com

You can also read ...

While China tries to alleviate its demographic crunch, the aging society means a pension shortfall.
Forget that image of sweatshops making all kinds of cheap...
Russia Economic Recovery Underway
Retail sales in Russia picked up in April, while real wages...
In 2017 banks had total mortgage lending of around $352 billion.
High levels of household debt are the greatest risk to Sweden’...
Peru Economy Strengthens
Economic growth in Peru strengthened in the first quarter...
Greece at Crucial Point
Discussions are heating up over future debt repayments for...
Brazil CB Keeps Rates on Hold
Brazil’s central bank considered cutting interest rates last...
EU Tells Italy to Cut Debt, Warns of Euro Spillover
Italy’s incoming government should aim to cut its heavy public...
Saudi Gov’t Told Not to Boost Spending
The International Monetary Fund urged the Saudi government not...

Add new comment

Read our comment policy before posting your viewpoints