Moscow (AFP) - A defiant Russia said Wednesday that Western sanctions over Ukraine would backfire on the United States and lead to energy price hikes in Europe after Brussels and Washington unveiled the toughest punitive measures against Moscow since the Cold War. Related Stories US and Europe hit Russia with toughest sanctions yet AFP U.S. presses case against Russia on downed jet as horror deepens Reuters Russia slams sanctions blackmail AFP Australia focused on MH17 crash site, not sanctions: PM AFP Lavrov says Russia will not respond in kind to Western sanctions Reuters Russias response came as the Ukrainian military pushed on with its offensive against pro-Russian rebels in the east, retaking the town of Avdiyivka, only a dozen kilometres (eight miles) from the main rebel city of Donetsk. The Russian foreign ministry warned the United States it was shooting itself in the foot and said it was punishing the Kremlin for independent policies that Washington finds inconvenient. Moscow also warned that European consumers would bear the brunt of sanctions targeting Russias vital energy, arms and finance sectors. This is a thoughtless, irresponsible step. It will inevitably lead to an increase in prices on the European energy market, the foreign ministry said. Moscow also dismissed claims it was responsible for supplying the missile that downed Malaysia Airlines flight MH17.
Posted on: Wed, 30 Jul 2014 22:02:13 +0000
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