Economics

Russia Blasts New U.S. Sanctions Plan as Ruble Slides

  • U.S. announced new restrictions over U.K. nerve-agent attack
  • Congress considering “crushing” new curbs to punish Kremlin
Bloomberg’s Annmarie Hordern reports on the ruble’s response to new U.S. sanctions.Markets: European Open." (Source: Bloomberg)
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Russia threatened to retaliate for a new round of sanctions announced by the U.S., as the ruble slid amid the spiraling tensions between the Cold War rivals.

The U.S. said it was imposing the new restrictions to punish President Vladimir Putin’s government for the March 4 nerve-agent attack on former spy Sergei Skripal and his daughter in the U.K.