Monday, March 17, 2014

Russia vows to switch to other currencies over US sanctions threat



Voice of Russia reports Russia can dodge any proposed US sanctions by switching to other currencies and creating its own payment system, Putin’s economic advisor Sergei Glazyev said Tuesday. A senior Kremlin official has denounced Glazyev’s remark on US-Russia economic ties, calling them "a personal opinion" inconsistent with the Kremlin stance. 

his comes amid US threats to pile sanctions on Russia over its stand on the Ukrainian coup. US Senate is currently debating possible measures against Moscow.

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Every move the West threatens to make, Russia has a counter move. 

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