MOSCOW (Reuters) – Prime Minister Dmitry Medvedev suggested on Thursday Russia could increase defense spending in response to “evil” new Western sanctions over the Ukraine crisis. He said Russia would not be bowed by the sanctions announced by the United States and the European Union but told a government meeting such moves could set relations back to the 1980s – the latter stages of the Cold War. “Any sanctions are evil,” Medvedev said in televised comments at the meeting. “The international record shows that such sanctions have never been able to bring anyone to their knees.” He said such moves …read more
Source: Business Insider