Close X
Thursday, November 14, 2024
ADVT 
International

Russia to hit back at Western sanctions: Minister

Darpan News Desk Darpan, 14 May, 2014 10:31 AM
    Foreign Minister Sergei Lavrov said Wednesday Moscow may retaliate against Western sanctions if those countries continue confrontation, indicating possible blow to such payment systems as Visa and MasterCard.
     
    "We don't want confrontation. But if the West continues its unprofessional and hysterical position, we'll have to think how to respond," Xinhua quoted Lavrov as telling the Bloomberg TV channel.
     
    "A Russian man harnesses a horse slowly but drives fast," he cited a Russian proverb, implying that Moscow might have not retaliated immediately, but its response could be rather painful.
     
    He called Western behaviour as "childish" as the West did not calculate how its sanctions would affect the global economic system.
     
    "If the West, just for the sake of revenge, is ready to sacrifice its reputation as a reliable partner of the entire global economic system, this is their choice," he said.
     
    The top diplomat cited, particularly, concerns of Visa and MasterCard payment systems over possible loss of the Russian market due to sanctions imposed by the US.
     
    "All this could be substituted," he said, adding there were many experts in Russia and other countries who knew how that works.
     
    On May 9, Russian foreign ministry spokesman Alexander Lukashevich vowed to retaliate against new sanctions from the West, referring to Moscow's decision to ban entry for a undisclosed list of Western citizens.
     
    The West accuses Moscow of being behind the chaos in eastern Ukraine where two regions declared independence Sunday amid clashes with government troops. Russia has denied the accusation. 

    MORE International ARTICLES

    Indian-American mother kept dead son on ice for Hindu ritual

    Indian-American mother kept dead son on ice for Hindu ritual
    An Indian-American woman in north Texas, accused of killing her son and leaving his body in the bathtub for four days, claims she did so in accordance with her Hindu beliefs.

    Indian-American mother kept dead son on ice for Hindu ritual

    Dreaded cannibal brothers back in Pakistan jail

    Dreaded cannibal brothers back in Pakistan jail
    Two notorious brothers in Pakistan who were arrested in 2011 on charges of digging up about 100 graves, stealing the bodies and eating them were released after two years in imprisonment. They have been held again.

    Dreaded cannibal brothers back in Pakistan jail

    Half-Saudi children will enjoy same rights as Saudis

    Half-Saudi children will enjoy same rights as Saudis
    Children born to expatatriates, who have married Saudi women, will be treated as Saudis for work, education and medical purposes, Sulaiman Al-Yahya, director-general of Saudi Arabia's passports department said.

    Half-Saudi children will enjoy same rights as Saudis

    Ban sends condolences over ferry sinking victims

    Ban sends condolences over ferry sinking victims
    UN Secretary-General Ban Ki-moon has written to South Korean President Park Geun-hye expressing condolences over the sinking of the ferry "Sewol" in which at least 14 people were believed drowned.

    Ban sends condolences over ferry sinking victims

    World's biggest peace torch lit for Indian spiritual guru in US

    World's biggest peace torch lit for Indian spiritual guru in US
    The flaming torch has a height of 20 feet (6 metres) and a base of 5 feet (1.5 metre) - a total height of 25 feet (7.5 metre)and weighs 1,200 kg.

    World's biggest peace torch lit for Indian spiritual guru in US

    Indian-American jumps into US Congressional race

    Indian-American jumps into US Congressional race
    Anil Kumar, an Indian-American surgeon and small business owner in Michigan has filed papers as a Democratic candidate in the race for the US House of Representatives from the state's 11th Congressional district.

    Indian-American jumps into US Congressional race