Russia Ukraine war, page-1310

Russian Ambassador Warns "Ordinary Americans" About To Feel The Pain

https://www.zerohedge.com/geopolitical/russian-ambassador-warns-ordinary-americans-about-feel-pain-not-moscow

"I don’t remember a single day when our country lived without any restrictions from the Western world. We learned how to work in such conditions. And not only survive, but also develop our state," said Ambassador Anatoly Antonov via a Russian Embassy Facebook post on Wednesday.

"There is no doubt that the sanctions imposed against us will hurt the global financial and energy markets," Amb. Antonov emphasized. "The United States will not be left out, where ordinary citizens will feel the full consequences of rising prices."

"With regard to Moscow, new US sanctions will not solve anything, Russia has learned to work and develop under restrictions," he reiterated.

"Indirect risks are potentially more substantial, which could include slower global growth and consumer spending due to higher oil and food prices, negative second-order effects through Europe, supply chain distortions, credit and asset write downs, and cybersecurity risks," the bank [JP Morgan] added.

Meanwhile on Wednesday Russia's foreign ministry said it's preparing counter-measures in direct response to Biden's initial sanctions. "There should be no doubts - the sanctions will result in a strong response, not necessarily symmetric, but well-calculated and painful for the American side," a ministry statement said.