Latest

Russia slams US sanctions, says counter-measures ‘won’t take long’

According to RT news: “Russia’s Foreign Ministry has slammed the latest round of US sanctions over Ukraine as “another hostile move.” Moscow said that this will not change the country’s position, and added that imposing “counter-sanctions will not take long.”

The Foreign Ministry accused the US of a confrontational course towards Russia.

“It is the US who is banking on the escalation of Ukraine’s internal conflict and pressing Russia with sanctions,” the ministry said in a statement adding that this comes when a ceasefire has been reached in eastern Ukraine at huge effort and there is a hope for a dialogue between the rebel forces and Kiev.

“Of course our retaliatory measures will not keep you waiting, but this is a forced measure,” the online statement said.

Russia said the door for “a constructive and honest bilateral cooperation” remains open – “if the White House is ready for it.”

On Friday, the US extended the reach of its sanctions against Russia; those hit the country’s biggest lenders – Sberbank, Gazprombank and Rosselkhozbank – as well as several state-owned technology firms and energy companies.

Oil and gas sector companies were also targeted with new limitations imposed on exploration facilities for Gazprom, Gazprom Neft, Lukoil, Surgutneftegaz, and Rosneft.

The US also said it would prohibit “transactions in, provision of financing for, or other dealings in new debt of greater than 90 days maturity issued by two additional Russian energy companies, Gazprom Neft and Transneft.””