Press "Enter" to skip to content

Russians told to “prepare for the worst” as US prepares new sanctions

Russians told to “prepare for the worst” as US prepares new sanctions

russia_sanctions.jpg

A bipartisan team of US senators is preparing to hit Russia with additional sanctions over its 2016 US election interference and military operations in Syria and Ukraine. Sens. Bob Menendez (D-N.J.) and Lindsey Graham (R-S.C.) are spearheading the measure, called the Defending American Security from Kremlin Aggression Act, which includes a wide range of financial penalties targeting Russia’s energy complex, financial industry and “political figures, oligarchs, and family members and other persons that facilitate illicit and corrupt activities, directly or indirectly, on behalf of Vladimir Putin,” reported The Independent. Threats of the sanctions rocked Russian stock and government bond markets at the end of the week, and the country’s debt insurance costs jumped alongside FX volatility. Moscow has responded to the prospect of new sanctions with anger. A former minister told Russians to prepare for the worst outcome; the Kremlin accused the US of “racketeering.”
Source: Russians told to “prepare for the worst” as US prepares new sanctions

Facebook Comments

Disqus Comments

Specify a Disqus shortname at Social Comments options page in admin panel
Mission News Theme by Compete Themes.