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Tag Archives: Moscow

‘Vicious’ sanctions are hurting Russia, but Moscow has plan to ditch US dollar & axe dependency on West, Foreign Ministry tells RT

In April, US President Joe Biden unveiled a new package of sanctions against Russian businesses and officials, while, at the same time, effectively banning American financial institutions from buying shares in Russian sovereign debt. Officials in Washington described the restrictions as a “proportional” response to alleged meddling by Moscow in …

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Biden’s new ‘good cop, bad cop’ routine with Russia runs risk of Moscow deciding it has nothing to gain from good US relations

The measures, among the most extreme options available to Washington, ban American financial institutions from directly purchasing Russian sovereign debt, in response to unproven allegations that Moscow sought to meddle in the 2020 US presidential election. While Putin’s spokesman, Dmitry Peskov, insisted on Friday that the country’s economy remains “robust” …

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