Russian PM: "New US Sanctions Would Be Declaration Of Economic War"

As diplomatic tensions again escalate between the US and Russia following the announcement of new sanctions against Moscow earlier this week by the Trump administration, Russia's prime minister Dmitry Medvedev warned the United States on Friday that Russia would regard any U.S. move to curb the activities of its banks as a declaration of economic war which it would retaliate against.

Medvedev said Moscow would take economic, political or other retaliatory measures against the United States if Washington targeted Russian banks.

"If they introduce something like a ban on banking operations or the use of any currency, we will treat it as a declaration of economic war. And we’ll have to respond to it accordingly – economically, politically, or in any other way, if required," Medvedev said during a trip to the Kamchatka region.

"Our American friends should make no mistake about it," he cautioned.

Medvedev also noted that Russia has a long history of surviving economic restrictions and never caved in to the pressure in the past. "Our country had been living under constant pressure through sanctions for the last hundred years," Medvedev said, accusing the US and its allies of employing sanctions to undercut global competition. "Nothing has changed."

The Russian PM said that by targeting Russia’s gas exports to Europe, Washington wants to push its own LNG shipments to the continent. “It’s an absolutely nonmarket anti-competition measure aimed at strangling our capabilities.” Medvedev also pointed out that the US is simultaneously imposing tariffs on China. “The Chinese, obviously, don’t like it. No one does. And our goal is to resist all these measures.”

According to Reuters, Medvedev's statement reflects Russia's fears over the impact of new restrictions on its economy and assets, including the rouble which tumbled 6% of its value this week on sanctions jitters. With economists expecting the economy to grow by 1.8% this year, some fear that if new sanctions proposed by Congress and the State Department are implemented in full, growth would be almost cut to zero.

On Wednesday, the State Department announced a new round of sanctions targeting Russian exports of dual-purpose electronics and other national security-controlled equipment, which will come into effect on August 22, and which pushed the Russian currency to two-year lows and sparked a wider sell-off over fears Russia was locked in a spiral of never-ending sanctions.

Separate legislation introduced last week in draft form by Republican and Democratic senators, dubbed “the sanctions bill from hell” by one of its backers, proposes curbs on the operations of several state-owned Russian banks in the United States and restrictions on their use of the dollar.

Moscow’s strategy of trying to improve battered U.S.-Russia ties by attempting to build bridges with President Trump backfired after U.S. lawmakers launched a new sanctions drive last week because they fear Trump is too soft on Russia. That in turn piled pressure on Trump to show he is tough on Russia ahead of mid-term elections and the possible release of Mueller's report on Russian collusion.

The problem for Russia is that there is little it could do to hit back at the United States without damaging its own economy or depriving its consumers of sought after goods as the sanctions episode of 2014 showed, and officials in Moscow have made clear they do not want to get drawn into what they describe as a mutually-damaging tit-for-tat sanctions war, similar to the one the US is waging with China.

The threat of more U.S. sanctions kept the rouble under pressure on Friday, sending it crashing past two-year lows at one point before it recouped some of its losses.

Commenting on the currency slide, the Russian central bank said the rouble’s fall to multi-month lows on news of new U.S. sanctions was a "natural reaction" and that it had the necessary tools to prevent any threat to financial stability. One tool it said it might use was limiting market volatility by adjusting how much foreign currency it buys. Central bank data showed on Friday it had started buying less foreign currency on Wednesday, the first day of the rouble’s slide. As a reminder, Russia recently liquidated the bulk of its US Treasurys holdings over the past two months as it sought to diversify away from the dollar.

For now, the fate of the U.S. bill Medvedev was referring to is not certain. Congress will not be back in Washington until September, and even then, congressional aides said they did not expect the measure would pass in its entirety.

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asiya789 Haus-Targaryen Fri, 08/10/2018 - 07:54 Permalink

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               BeSt Of LuCk 
>>>>>>>> http://www.todaysfox.com

 

In reply to by Haus-Targaryen

Free This beemasters Fri, 08/10/2018 - 08:32 Permalink

Damn what a web of evil BS! I was surprised at the new sanctions to tell the truth. Poisoning people? WTH? How medieval is that...what? gonna go Old Testament next?

We are going backwards people, not forwards (hate that word, Oblahblah used it).

Go ahead, ask yourself, does one trust the GB pedophile .gov?

I am gonna put on order a suit of armor and lance! Where is my trusted steed? Collapse indeed.

Court jesters everywhere. Serf, fetch my slippers.

Something about pigs?

https://www.youtube.com/watch?v=LQUXuQ6Zd9w

In reply to by beemasters

Chupacabra-322 dlmaniac Fri, 08/10/2018 - 09:08 Permalink

Old quote.

 

Mr Medvedev's statement in full:

 

"That’s it. The last remaining election fog has lifted. Instead of an overworked statement about a joint fight against the biggest enemy, Isis (the Islamic State), the Trump administration proved that it will fiercely fight the legitimate Syrian government, in a tough contradiction with international law and without UN approval, in violation of its own procedures stipulating that the Congress must first be notified of any military operation unrelated to aggression against the US. On the verge of a military clash with Russia.

 

"Nobody is overestimating the value of pre-election promises but there must be limits of decency.

 

"Beyond that is absolute mistrust. Which is really sad for our now completely ruined relations. And which is good news for terrorists.

 

"One more thing. This military action is a clear indication of the US President’s extreme dependency on the opinion of the Washington establishment, the one that the new president strongly criticised in his inauguration speech.

 

"Soon after his victory, I noted that everything would depend on how soon Trump’s election promises would be broken by the existing power machine. It took only two and a half months."

 

In reply to by dlmaniac

rwe2late Chupacabra-322 Fri, 08/10/2018 - 10:26 Permalink

Look, a Russkie!

Russkies here, Russkies there
under my bed, and under my chair,

I can feel them in my underwear.

All intelligence sneers a Russkie bear
does hide inside each voting booth, behind each voter's curtain.

Even if  no  ursine agent's found for certain
and no facts are found to  fit in,
the only meaning to conclude is many have been fooled by Putin.

I need not know save what I feel
to claim the poison must be real,
and why else would the news I hear,
keep telling me beware, and fear?

In reply to by Chupacabra-322

Element rwe2late Fri, 08/10/2018 - 11:57 Permalink

Ok, you got an up for that, for funniness, but seriously, fuck Pootie, he's a crime boss, he has stollen all of the Russian state's cash, painted Russians into an economic corner of poverty, and turned the world against Russia, and he'll be weighing down Russia until he's gone. Things will get worse until he is no more.

 

In reply to by rwe2late

FBaggins Chupacabra-322 Fri, 08/10/2018 - 12:22 Permalink

Before Trump, the Western establishment was clearly backing the globalist cause and systematically deconstructing national independence and sovereignty everywhere, including that of the US.  Russia under Putin was anti-globalist and propagating pretty much the same sovereignty self-determination ideas as Orban in Hungary today.

Trump indicated in his anti-globalist electioneering his willingness to establish better relations with Russia and the need to reconstruct the US. He clearly indicated a willingness to halt US intrusion into other nation's sovereignty rights by decrying the US invasion of Iraq and the war in Syria.

However, the same banksters, elites, and multinationals  who were backing globalism did not go away and despite any rifts in the US deep state between patriots and globalists, the same establishment has continued to run US foreign policy, the deep state, and Trump. Whether to push a "me fist" MAGA US foreign policy or not, American foreign policy since Trump has become increasing militaristic. If not for Russia Syria would not only be rubble but completely conquered by the US-led and instead of people returning to their homeland, Soros-type ngo's would still be herding them into Europe.  Despite this deevelopment the US under Trump has greatly increased tensions and harmed relations with Iran, Russia, an now Turkey.

Because Russia is a significant world power, and particularly because of its resources and geographical positioning, it is key to the Western establishment to control Russia. Without it, they would not have any effective control or dominance  in their proposed One World Government for world hegemony, both financially and militarily.  Those goals have not gone away because of Trump. Rather, the same establishment continues to use Trump to attain their ends. He knows it and willingly or unwillingly he has acquiesced. 

The way Trump is going with his desperate "me first" US foreign policy (Make the American Empire Great Again - MAEGA), which is the antithesis of the alliance  to protect national sovereignty and the self-determination of nations as proposed by Putin and Orban, by 2020 or 2024 if we are not in another world war the world will be so polarized, fragmented, hostile, unstable, and economically ruined, that it will be a cake walk for the globalists to sell to virtually every nation on the entire globe, the fake panacea of a One World Government, and of course, a One World Bank with a new global currency effectively manipulated and controlled by the same banksters who control the Western establishment.     

In reply to by Chupacabra-322

caconhma rwe2late Fri, 08/10/2018 - 12:52 Permalink

<"If they introduce something like a ban on banking operations or the use of any currency, we will treat it as a declaration of economic war. And we’ll have to respond to it accordingly – economically, politically, or in any other way, if required," Medvedev said during a trip to the Kamchatka region.

"Our American friends should make no mistake about it," he cautioned.>

"Our American friends " => This is all one must know = Prostitutin is a CIA asset!

In reply to by rwe2late

Adolfsteinbergovitch Guentzburgh Fri, 08/10/2018 - 08:12 Permalink

You are dead wrong my little Jewish friend. Go to Russia and take a look at how things go.

Militarily it is the US who are a joke. F-35, combat litteral shit, gays and transexuals and safe spaces everywhere, not to mention the blunders of the agencies who can no longer kill a third world country dictator properly. The list is endless.

Now that little Nicholas clone is right and we all well know that America and their Israeli puppet master are into a collision course and their only way out is to trigger a war. This is their desperate effort to do so. Soon they'll be losing control and shoot themselves in the hallways of the beltway.

In reply to by Guentzburgh

Teletubby Guentzburgh Fri, 08/10/2018 - 08:30 Permalink

As my son was deployed on the Iraq border last year, keeping ISIS from re-entering from Syria, I was eternally grateful that all the combat engagements his unit had were with combatants that had recently had the chit kicked out of them by Russian and Iranian soldiers. As far as I'm concerned, and the men in my son's unit, Russia and Iran are allies .

In reply to by Guentzburgh

attah-boy-Luther Teletubby Fri, 08/10/2018 - 08:43 Permalink

have you educated your son???

have you told him the ussa created all the ME wars for profit, the Afghan poppy fields etc?

have you told him the ussa military is the enforcement arm of the joo-wurl-odor?

I tried to educate my nephew who is still in basic, but today they are totally indoctrinated and his dad never said a word.

Being an uncle I did not want to cross the line but was up to the edge of telling him what is going on.

not being ugly to you, just grieves me greatly that so many are dying for the friggn bankers.

I pray he comes home safe and physically intact.

In reply to by Teletubby

Chupacabra-322 attah-boy-Luther Fri, 08/10/2018 - 09:36 Permalink

@ Tele & Attah,

Both very “illuminating” posts from Polar opposite Geo Political Perspective’s.

 

Intel from actual boots on the ground indicates that the troops fully understand & are aware who are the friends & who are the foes.  It appears the Troops fully understand the Pure Evil War Criminal Treasonous Seditious Psychopaths at the CIA / State Dept. / Mossad have been arming, funding & training Al CIA duh / Alqueda / I CIA SIS / ISIS Terror Organizations since the days of the Mujahaideen.

 

In reply to by attah-boy-Luther

FBaggins Chupacabra-322 Fri, 08/10/2018 - 11:23 Permalink

Hope you are right about the troops because most of the brass are establishment puppets and if not most then many are Israeli puppets. When the economy crashes, the next war backfires up everyone's asses, and the people finally revolt,I just hope those enlightened troops don't train their weapons on the people but go after the corrupt power brokers instead. 

In reply to by Chupacabra-322

GIG61 lurker since 2012 Fri, 08/10/2018 - 12:13 Permalink

All I know is before our unjustified destruction the Iraqi people, the good citizens of Iran (not the muslim extremists) wanted to have an economy that was thriving. They wanted to go to Universities and get the jobs of today that have a future.

Then douchebag Jr. under Cheney's control and the rest of the neocon warmongers went into Iraq. In fear they elected a hardliner since they didn't want the US to come in and do the Saddam dance on top of their heads as well.

Fucking warmongers.

Then let's not forget Cheney's Halliburton was charged with price gouging our own military for fuel.

I remember a couple of years when that cold, unrepentant plastic hearted son of a bitch said he would do it all over again.

I'd say may he rot in hell but as long as he has a breath in him there is still hope.

 

 

 

In reply to by lurker since 2012

Posa spyware-free Fri, 08/10/2018 - 13:23 Permalink

Correct about the sanctions on Japan... the evidence is that this was a tactic DESIGNED to prod fascist Japan on a path to war.. FDR wanted Pearl Harbor to stampede the country into fighting the Nazis... something the country did not want to do and which FDR himself (cynically) wrote into his campaign platform.

In reply to by spyware-free

msamour Haus-Targaryen Fri, 08/10/2018 - 08:44 Permalink

On this occasion I agree with you. In a school yard, very few people stand up to the bully, and when finally one person does, and the bully is thrown to the ground, everyone with an axe to grind comes bearing down on the bully. I am concerned that this time around when the US goes down, the retribution inflicted on the people will be of epic proportion. 

Americans show much hubris and always exclaim that war does not reach the shores of their country. The next war might be an exception. I hope Canada will be wise and remain neutral. I hope one of our spokesperson says something like, : "That is a problem they have to fix for themselves."

There may come a time where every American man, women and child will have to stand on their own.

In reply to by Haus-Targaryen

Blankone msamour Fri, 08/10/2018 - 09:30 Permalink

Many HAVE stood up to the bully, and they were abandoned by the others including their friends.
Serbia, Libya, Iraq, Syria, now Yemen starting to get US special forces, and others - China never commits any of their military might or even equipment - Russia makes noise and then cowers. The US at the beginning of the year had 20 bases IN Syria, now there are many more.

And then there are the economic wars. For example, Iran. Iran was barred from the SWIFT system and sanctioned by the US. Turns out even Russia cannot trade with Iran without SWIFT efficiently and has devolved back to a barter type system. North Korea is sanctioned by the US and for the most part Russia and China try to sneak around the sanctions a little bit but they cower from the US economic fight. The vast majority of trade by Russia and China is done using the dollar as their exchange medium.

However, if the short sighted Russians and Chinese had acted they could have taken down the dollar. At one time they had Iraq, Libya, Iran, Syria all in the ME region and all willing to abandon the dollar for trade. But Russia (and China) had too many internal problems to seize the opportunity. (And were too focused on making profit "today".)

As for you last sentence:
There will become a time where every WHITE American man, woman and child will have to stand on their own.
--- And those whites will be focused on getting through their day without being victimized by those imported into the US who are intent upon TAKING the resources and control both local and national. Every handout the invaders are given helps destroy what the WHITE MAN built. (Anyone notice how brazen the blacks are getting about gathering into a mob and the moving through attacking whites. Now they are starting to group on bicycles or dirt bikes and ride through.)

In reply to by msamour

Blankone Free This Fri, 08/10/2018 - 11:07 Permalink

Members of antifa who are arrested, sometimes initially for serious crimes, are quietly having their charges dismissed or reduced to misdemeanors. Many others are simply not charged at all.

The bike lock attacker, initially charges with felonies, has been given a deal where he got only a misdemeanor and some probation for example.
https://www.youtube.com/watch?v=U-YBg-pa_O0

See how that works?

In reply to by Free This

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