Close X
Friday, November 15, 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

    Mysterious radar plot reported on missing Malaysian airliner

    Mysterious radar plot reported on missing Malaysian airliner
    The multinational search operation to locate the Malaysia Airlines plane that went missing Saturday further expanded Wednesday even as a Malaysian official said that an unidentified object was plotted on military radar that fateful day.

    Mysterious radar plot reported on missing Malaysian airliner

    Two killed several hurt in New York's Harlem explosion

    Two killed several hurt in New York's Harlem explosion
    At least two people were killed and over a dozen injured in a massive explosion that rocked East Harlem here Wednesday morning, media reported.

    Two killed several hurt in New York's Harlem explosion

    Terror link not ruled out in missing Malaysia Airliner mystery: CIA

    Terror link not ruled out in missing Malaysia Airliner mystery: CIA
    The possibility of a terror link cannot be ruled out yet in the " mystery" of the missing Malaysia Airlines flight, John Brennan, director of the US Central Intelligence Agency (CIA), said Tuesday.

    Terror link not ruled out in missing Malaysia Airliner mystery: CIA

    Dinosaur skeleton displayed in Dubai mall

    Dinosaur skeleton displayed in Dubai mall
    The fossil, placed at the Grand Atrium in The Dubai Mall, was unveiled for the public Monday. It dates back to the late Jurassic period and is 24.4 metres long and 7.6 metres high

    Dinosaur skeleton displayed in Dubai mall

    No Terror Act In Missing Malaysian Airliner

    No Terror Act In Missing Malaysian Airliner
    The missing Beijing-bound Malaysia Airlines plane could not be traced for the fourth day Tuesday even as the Interpol ruled out a terror hand behind the incident

    No Terror Act In Missing Malaysian Airliner

    More Bad News: Two dead, six missing as boat sinks off Spain

    More Bad News: Two dead, six missing as boat sinks off Spain
    At least two people died and six went missing after a Portuguese fishing boat sank off the northern Spanish coast before dawn Monday, rescuers said.

    More Bad News: Two dead, six missing as boat sinks off Spain