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Thursday, 31 July 2014 - 11:49
Russia warns sanctions will backfire on West
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A defiant Russia said on that Western sanctions over Ukraine would backfire on the United States and lead to energy price hikes in Europe after Brussels and Washington unveiled the toughest punitive measures against Moscow since the Cold War.

Russia's response came as the Ukrainian military pushed on with its offensive against pro-Russian rebels in the east, retaking the town of Avdiyivka, only a dozen kilometres from the main rebel city of Donetsk.

The Russian foreign ministry warned the United States it was shooting itself in the foot and said it was punishing the Kremlin for "independent policies that Washington finds inconvenient.
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