The United States is likely to experience a financial “doomsday” as a result of its imposition of sanctions on Russia following Crimea’s secession from Ukraine, an analyst tells Press TV. Eric Draitser said in an interview with Press TV that Russia, which supplies more than one third of Europe’s gas, is a “great energy power” that “may decide to stop accepting US dollars to settle debts... 

The people of Crimea fixed a Soviet-era mistake with the Sunday’s referendum and the will of the people should not be punished by sanctions, said former Soviet leader Mikhail Gorbachev. “Earlier Crimea was merged with Ukraine under Soviet laws, to be more exact by the [Communist] party’s laws, without asking the people, and now the people have decided to correct that mistake. This should... 

Russia’s Foreign Ministry has published a reciprocal sanctions list of US citizens, consisting of 10 names, including: House of Representatives Speaker John Boehner, Senator J. McCain; and advisers to President Obama D. Pfeiffer and C. Atkinson. These officials, along with another five named by the Foreign Ministry, are banned from entering the country. The move comes in response to US sanctions... 

From Left to Right: Aleksey Gromov, Sergey Ivanov, Sergey Naryshkin, Arkady and Boris Rotenberg, Vladimir Yakunin, Gennady Timchenko. US President Barack Obama has announced a new executive order imposing further sanctions on top Russian officials and businessmen. The order also allows for measures against Russian energy, mining, defense, and engineering sectors. “We’re imposing sanctions... 

Crimea has declared independence from Ukraine and formally applied to join Russia, following a referendum in which Crimeans overwhelmingly voted in favor of joining the Russian Federation. The Crimean Supreme Council passed the decree on Monday after all the 85 lawmakers present in the 100-seat assembly voted in support of seceding from Ukraine. “The Supreme Council of the Autonomous Republic of... 

Russia is ready to retaliate with counter sanctions against the EU and US if they go ahead with economic measures against Russia over tension in Crimea, the Russian Economic Ministry has said. “We hope that there will only be targeted political sanctions, and not a broad package affecting economic trade,” Deputy Economic Development Minister Aleksey Likhachev said. “Our sanctions will be,... 

A Russian official says potential sanctions by Washington against Moscow would lead to the “crash” of the US financial system and end its global financial domination. Kremlin economic aide Sergei Glazyev said on Tuesday that Russia will reduce its economic dependency on the United States if Washington decides to impose sanctions against Moscow over the issue of Ukraine. “We would find a way... 

US President Barack Obama has threatened Russia with sanctions as tensions between the two countries heats up over Ukraine. “The strong condemnation that Russian has received around the world indicates the degree to which Russia is on the wrong side of history,” Obama told reporters on Monday. “There are two paths that Russia can take at this point. Actions on the ground in Crimea are deeply... 

President Barack Obama said the US “condemns in the strongest terms the violence” in Ukraine, adding that the Ukrainian government must uphold the rights of peaceful protesters. Obama said there would be consequences should “people step over the line.” “We expect the Ukrainian government to show restraint, to not resort to violence in dealing with peaceful protesters,” Obama said Wednesday... 

Ukrainian government has announced a nationwide “a anti-terrorist operation” against acts of terrorism in the crisis-hit country. Oleksandr Yakymenko, Ukraine’s security service chief, made the announcement on Wednesday, saying the operation comes due to the escalating violent confrontations. Yakymenko also said about 1,500 firearms and a hundred bullets have ended up in the hands of radical... 

The United States is preparing to impose financial sanctions on officials and protest leaders in Ukraine amid a political crisis in the country. US congressional aides said Wednesday that US sanctions could be put in place quickly against Ukrainian officials or leaders of the protest movement if violence escalates, Reuters reports. The aides, speaking on the condition of anonymity, said they had discussed... 

The US Senate has threatened Ukraine with sanctions for what it calls the use of force by Kiev against anti-government protesters. US senators approved a resolution on Tuesday that specifies stronger measures against Ukraine, including visa bans and asset freezes against individuals responsible for ordering or carrying out the violence against the protesters. The US Senate also urged leaders in the... 

On Sunday, Arizona’s Republican Senator, John McCain, told thousands of protesters in Kiev, Ukraine, that the United States will take “concrete action” against Ukraine’s government if it moves against the demonstrations. McCain said sanctions against Ukraine “would deserve serious consideration” by Congress if Viktor Yanukovych and the Ukrainian government entered into a custom and trade... 

The Islamic Republic of Iran Shipping Lines (IRISL) says the European Union has imposed fresh sanctions against the country by banning Iranian vessels from using its ports and shipping lines despite the recent nuclear deal in Geneva. “Despite the deal reached during recent Geneva talks [between Iran and the six major world powers], in which it was agreed that no new sanctions would be imposed on... 

French Foreign Minister Laurent Fabius French Foreign Minister Laurent Fabius says the European Union will likely lift some of the sanctions imposed against Iran in December following a deal between Tehran and the west. Fabius said on Monday that EU foreign ministers would meet in a few weeks to present a proposal to partially lift some sanctions imposed by the bloc against Iran as agreed in the deal...