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Moscow Says 'short-sighted' Sanctions Will Aggravate Russia-U.S. Ties

wochit politics
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July 30, 2014 AT 6:06 AM
Russia called new U.S. sanctions "destructive and short-sighted" on Wednesday and said they would only aggravate ties between Russia and the United States, already at their lowest point since the end of the Cold War over the Ukraine crisis. The United States and the European Union announced new sanctions against Russian banks, energy and defense firms on Tuesday, in carefully coordinated action against what they call Russia's instigation of a separatist uprising in Ukraine. Five of the six largest Russian state-owned banks are now under U.S. sanctions.