Russia developing financial battle plan in case of Western attack on economy or sanctions against sovereign debt, diplomat reveals ...News

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Moscow is preparing to respond to a new wave of potential economic and financial sanctions from the US with measures designed to shore up its currency, keep payments flowing, and ensure the country can maintain business as usual. “There is clearly a deliberate calculation to create a toxic atmosphere around Russian securities in order to reduce their investment potential,” Deputy Foreign Minister Alexander Pankin told RIA Novosti on Monday. “These possible new restrictions on government bonds are a double-edged sword, and they would clearly harm America’s financial institutions,” he said. “But we have long become accustomed to the fact

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