• News
  • Money

Russia Says US Sanctions are Intended to 'Demonize' the Country

Russia Says US Sanctions are Intended to 'Demonize' the Country

Russian Federation condemned new USA sanctions as "draconian" on Thursday after news of the measures sent the rouble tumbling to two-year lows and sparked a wider asset sell-off. "And it will warrant a response with economic means, political means and, if necessary, other means".

"Of course, such decisions taken by the American side, are absolutely unfriendly", said Kremlin spokesman Dmitry Peskov, in discussing the new sanctions with reporters in Moscow on Thursday.

The Kremlin on Thursday vowed to retaliate against "unacceptable" new United States sanctions against Russia over its alleged role in a nerve agent attack on a former spy in Britain, which prompted the ruble and Russian stocks to tumble.

In late March, Trump ordered 60 more Russian diplomats expelled from the USA as part of a global response to the attack - a response that included similar expulsions of diplomats from other nations checking Russia.

"Following a 15-day Congressional notification period, these sanctions will take effect upon publication of a notice in the Federal Register, expected on or around August 22, 2018", she said. But unless Russia agrees within 90 days to stop all use of chemical weapons and permit inspections to confirm their elimination, additionally mandated measures could cut off nearly all trade between the two countries, prohibit landing rights for Russian airlines, and lead to a suspension of diplomatic relations.

The Kremlin also denied all accusations that it was involved in the chemical poisoning attack.

Last month, British Prime Minister Theresa May urged Trump to raise the issue of the poisonings when he met with Russian President Vladimir Putin in Helsinki, although it remained unclear whether the subject came up in their talks.

The announcement of sanctions caused Russian stock markets to drop dramatically on opening and the ruble reached its lowest point since November 2016. British police scoured sections of Salisbury and Amesbury in southwest England, searching for a container feared to be contaminated with traces of the deadly nerve agent Novichok.

Our provision of foreign assistance is a tool of USA power and influence, and we're not going to foreswear that just because we have the obligation to impose some sanctions against Russian Federation.

The US Department of State on Wednesday said the sanctions were in response to "the use of a "Novichok" nerve agent in an attempt to assassinate United Kingdom citizen Sergei Skripal" - who was a Russian double agent - and his daughter, Yulia, on English soil in March. In early April, just before the first tough round of US sanctions in response to Russian "worldwide malign activity" was announced, the ruble stood at roughly 58 to the dollar.

The Kremlin has repeatedly denied the allegations, while the United Kingdom authorities have provided no proof of Russia's involvement in the case.

Medvedev's tough tone was in stark contrast with past statements by President Vladimir Putin and his lieutenants, who have taken a nonchalant posture while talking about US and other Western sanctions, seeking to downplay their impact on the Russian economy.

A senior Russian lawmaker denounced the sanctions as "lynch law".

Speaking about sanctions now in place and those recently announced, Medvedev said that despite the declared political reasons behind them, those measures are intended mostly "to limit our economic power".

Leave Your Comment

Leave Your Comment


Latest News

  • Barcelona midfielder Andre Gomes joins Everton on loan

    Barcelona midfielder Andre Gomes joins Everton on loan

    This is a great opportunity for me and I am looking forward to competing here. "I am also determined to do my best for Everton ". However after the initial loan Southampton will have an obligation to buy the Englishman for £20 million.
    Arsenal near deal to sell Lucas Perez to West Ham

    Arsenal near deal to sell Lucas Perez to West Ham

    Sanchez's future appears to be away from Fiorentina after spending last season on loan at La Liga side Espanyol. The Spain global was signed by the Emirates club from Deportivo La Coruna for £17m in the summer of 2016.
    Manchester United keen on signing Atletico Madrid superstar

    Manchester United keen on signing Atletico Madrid superstar

    Manchester United have failed in their approach for Atletico Madrid defender Deigo Godin, according to Sky sources. Manchester United start their Premier League campaign tomorrow with a game against Leicester City .
  • England v India: Rain delays start of second Test at Lord's

    England v India: Rain delays start of second Test at Lord's

    England have yet to decide whether Chris Woakes, a fellow pace-bowling all-rounder, or off-spinner Moeen Ali will replace Stokes. Snow in Sunny's way: Sunil Gavaskar bumps into England fast bowler John Snow while taking a single in the 1971 Test match.
    Players' lunch menu at Lord's Test: Chicken Tikka Curry, Dal and Lasagne

    Players' lunch menu at Lord's Test: Chicken Tikka Curry, Dal and Lasagne

    The visitors will be keen to level the series at Lord's as England are playing without their premier all-rounder Ben Stokes. Talking about the bowling, in both the innings off-spinner Ravichandran Ashwin scalped four and three wickets respectively.
    Jose Mourinho hits back at critics

    Jose Mourinho hits back at critics

    Manchester United manager Jose Mourinho has stated that he does not expect to sign a player today. Bayern Munich defender Jerome Boateng has turned down Manchester United's offer .
  • US  can't be trusted, Iran's Rouhani tells North Korea

    US can't be trusted, Iran's Rouhani tells North Korea

    The Korean Peninsula is still technically in a state of war because the fighting ended with a cease-fire, not a peace treaty. North Korea slammed the USA for lacking "basic decorum" in nuke talks.
    Michael Moore's Trump documentary will release in September

    Michael Moore's Trump documentary will release in September

    There's even a moment where Moore decides to spray down a governor's home with contaminated water from Flint, Michigan, which is now over 1,300 days without clean water.
    NCAA adopts college basketball reforms for draft, recruiting

    NCAA adopts college basketball reforms for draft, recruiting

    The process to adopt recommendations for NCAA reforms from the Rice Commission was a swift one by the governing body's standards. There is some criticism in how the "elite" status will be determined.
  • Red Dead Redemption 2 gameplay video coming August 9

    Red Dead Redemption 2 gameplay video coming August 9

    In the trailer, Morgan is seen interacting with characters in a variety of ways based on contextual conversation prompts. We catch glimpses of mountains, dense forests, steamy swamps, deserts, dusty cattle towns, more modern cities, and more.
    Jose Mourinho told 29-year-old would bring leadership to Man United

    Jose Mourinho told 29-year-old would bring leadership to Man United

    I just don't know, if I was an owner, I'm thinking, 'Well you've had a lot of money on these players, you don't fancy them. The England World Cup hero only returned to training on Monday but is still in line to start.
    Russian Premier Says Georgia’s NATO Join May Trigger 'Terrible Conflict'

    Russian Premier Says Georgia’s NATO Join May Trigger 'Terrible Conflict'

    Medvedev warned that NATO's attempt to embrace Georgia could have catastrophic consequences. I hope the United States and its leadership will eventually see this as well.
  • Israeli strike kills 2 Hamas militants in disputed area

    Israeli strike kills 2 Hamas militants in disputed area

    The incident took place as Egypt was working to broker a cease-fire deal between Hamas and Israel. The video then cuts to separate footage of a shell hitting the post and an explosion.

    Manchester United target Yerry Mina undergoes Everton medical in Barcelona

    Yerry Mina is open to a move to Manchester United before Thursday's transfer deadline, according to reporter Duncan Castles. It now seems that United are buying Harry McGuire from Leicester, however.

    How to see the Perseid meteor shower peak this weekend

    Keen stargazers may have already spotted one or two streaking meteors since around mid-July when the Perseids started to appear. When the Earth's orbit crosses a trail of these particles they can collide with our atmosphere and burn up as shooting stars.
  • Melania Trump's parents get U.S.  citizenship

    Melania Trump's parents get U.S. citizenship

    Under the law, permanent residents must live in the country for at least five years before applying for citizenship. Wildes told the newspaper that the Knavs fulfilled the five-year requirement, but declined to give further comment.
    Logano wins third Xfinity race in four years

    Logano wins third Xfinity race in four years

    Racing announced Saturday afternoon that the NASCAR Hall of Famer would race in the August 26 Xfinity Series race at Road America. Elliott, 62, will be the first member of the NASCAR Hall of Fame to compete in a race after being inducted into the Hall of Fame.
    Xiaomi Mi A2 launched in India for Rs 16,999

    Xiaomi Mi A2 launched in India for Rs 16,999

    Other than offering a fluid Android experience, Xiaomi Mi A2 also boasts top-end specifications and features for its budget price. Under the hood, the smartphone is powered by the Qualcomm Snapdragon 660 Octa-core chipset with 4 GB RAM and 64 GB storage.

Breaking News



Recommended

Pogba still happy at Man Utd, insists Mourinho

United host Leicester at Old Trafford this evening in the Premier League curtain-raiser. Even the statistics, as great as they are, do not equate to the gulf.

Saudi Arabia 'threatens' Canada with 9/11 style attack

But last fall, he said, the university had 49 undergraduate and 21 graduate students registered from Saudi Arabia. Several Arab nations in the region have expressed support for their Saudi allies in the dispute with Canada.

Stokes 'behaved like a bully' towards two gay men

Stokes added he "felt under threat of immediate attack from both these men and I did what I did only in order to defend myself". Stokes, in a written statement given to police after he had been arrested, said he had acted in self-defence when punching Mr.

Tottenham trio Rose, Alderweireld and Dembele told to buckle down

Earlier in the day, Pochettino said: "At the moment we haven't received for any player". But I am happy to keep all the squad together.

Lombok quake : Advice for travellers

Those who are seeking to use the service can contact Garuda Indonesia Cargo call center at (+6221) 23519090 or (+62) 8041909090. These are tweets from Bali and Lombok , both major tourist destinations in Indonesia are coming from visitors in panic.

Richarlison talks up Everton targets Bernard, Yerry Mina

Gomes joined Barcelona from Valencia in 2016 for (£31.46) €35m but has struggled to nail down a starting place at the Nou Camp. He has played 14 times for Brazil , scoring once, with his last worldwide appearance coming at the 2014 World Cup .

I will fit in with Sarri's style at Chelsea - Kepa

It was not easy to leave everything I have worked for so many years, the exertion nd the experiences. We've got a great squad and I hope I can help the team to keep winning things.

Leaked Footage Shows How Fortnite Mobile Will Look Like Before Launch

It even features the same variable aperture system like the S9+, where you can switch between f/1.5 and f/2.4 aperture on the fly. That's relevant because while the software is similar now, the Note 9 will nearly certainly be supported with updates for longer.

Pentagon Restricts Use of GPS-Enabled Fitness Trackers

This is the second memo affecting the use of electronic devices that the department has released in recent months. The map is not live, but shows a pattern of accumulated activity.

'Superman' star Margot Kidder died from 'self-inflicted drug and alcohol overdose'

The AP obtained a copy of the report, and says Kidder, 69, died as the "result of a self-inflicted drug and alcohol overdose". She also noted Montana's high suicide rate and the empathy she feels for the people there going through the same thing.