Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Russian PM orders govt to draw up response to U.S. sanctions: Ifax

Published 04/09/2018, 07:25 AM
Updated 04/09/2018, 07:31 AM
© Reuters.  Russian PM orders govt to draw up response to U.S. sanctions: Ifax

MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev on Monday ordered his government to draw up possible retaliatory steps after the United States on Friday imposed new sanctions on Moscow, the Interfax news agency reported.

Medvedev called the new U.S. sanctions unacceptable and illegitimate, saying Russia reserves the right to respond, Interfax reported.

Medevedev also ordered the government to draw up a plan to support entities included on the U.S. sanctions list, the news agency said.

The United States imposed major sanctions on Friday against Russian businessmen, companies and government officials, striking at allies of President Vladimir Putin in one of Washington's most aggressive moves to punish Moscow for its alleged meddling in the 2016 U.S. election and other "malign activity."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.