Russia Ready to Protect Economy, Medvedev Says
Source: Bloomberg
By Anna Andrianova and Olga Tanas Apr 22, 2014 11:39 AM ET
Russias government is prepared to protect its economy from the possible wider sanctions by the U.S. and its allies, Prime Minister Dmitry Medvedev said.
Crimea is being used to put political pressure on Russia, Medvedev said at the lower house of parliament in Moscow today. The government will seek to shield local businesses, minimize the effect of economic sanctions and fulfill its social obligations regardless the restrictions, he said.
The government is ready to operate under conditions where the priority is to protect the economy and citizens from the unfriendly actions that may follow the escalated foreign-policy situation, Medvedev said.
U.S. Secretary of State John Kerry yesterday warned Russian Foreign Minister Sergei Lavrov that there will be consequences if Russia doesnt act over the next pivotal days to restrain separatists controlling parts of eastern Ukraine. That would threaten to tip the worlds largest energy exporters $2 trillion economy into recession.
Read more: http://www.bloomberg.com/news/2014-04-22/russia-ready-to-protect-economy-medvedev-says.html
NYtoBush-Drop Dead
(490 posts)LOL... They should take a good look at North Korea... it will be winter for a long time.
joshcryer
(62,270 posts)If Russia escalates this thing and is sanctioned they will be brought to their knees.
davidpdx
(22,000 posts)We are suppose to worship at the alter of Putin.
okaawhatever
(9,461 posts)casinos into Crimea?