New U.S. sanctions “declaration of economic war,” Russian PM says

Moscow, Russia warned Friday that if the U.S. followed through with threats to impose further harsh economic sanctions it would be seen as a “declaration of economic war.”

The warning by Russian Prime Minister Dmitry Medvedev came after Washington unveiled a raft of new sanctions against Russia over its alleged use of the Novichok nerve agent against a former double agent which Britain has blamed on Moscow.

The incident, which took place in a city in southern England in March, triggered a major diplomatic crisis despite Russia’s denial of any role.

The announcement of the sanctions prompted Russian stocks and the ruble to tumble on Thursday.

Source: Jordan News Agency