Russian President Vladimir Putin has warned that new biting sanctions against his country over its actions in Ukraine will boomerang and hit back at US national interests.

Russian President Vladimir Putin has warned that new biting sanctions against his country over its actions in Ukraine will boomerang and hit back at US national interests.


The US and European Union dramatically strengthened sanctions on Moscow over Ukraine on Wednesday, with Washington for the first time directly targeting Russia’s banking, military and energy sectors.

“Without any doubt in this case [sanctions] are driving Russian-US relations towards a dead end, [and] are inflicting very serious damage on them,” the state news agency ITAR TASS quoted Putin as saying while on a visit to Brasilia.

 

“And I am convinced that this will harm the national long-term interests of the American state, the American people,” Putin told reporters on Thursday.

 

The latest measures against Russia deepened the most serious standoff between Moscow and the West since the end of the Cold War, as fighting between the Kiev government forces and pro-Russian separatists threatened to escalate into all-out civil war.

 

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