JRL NEWSWATCH: “Newest U.S. Sanctions Against Russia Hit an Economic Nerve” – AP

File Photo of White House with South Lawn and Fountain

“… The Trump administration announcement of export restrictions in response to accusations Moscow used a nerve agent to poison a former Russian spy in Britain sent the ruble tumbling to a two-year low and drew a stern warning from [Medvedev]. While the initial sanctions may have a limited impact, a second batch expected within months could hit the Russian economy much harder and send already tense relations into a tailspin. If sanctions are expanded even further to target Russia’s top state-controlled banks, freezing their dollar transactions … it would amount to a ‘declaration of economic war,’ … Medvedev said ….”

Click here for: “Newest U.S. Sanctions Against Russia Hit an Economic Nerve” – AP