News / Europe

Putin: Russia Sanctions Counterproductive

Russian President Vladimir Putin disparages sanctions while at the International Economic Forum in St. Petersburg, Russia, on May 24, 2014.
Russian President Vladimir Putin disparages sanctions while at the International Economic Forum in St. Petersburg, Russia, on May 24, 2014.
VOA News
Russian President Vladimir Putin said Saturday that sanctions imposed on his country over its involvement in Ukraine were counterproductive and did not correspond to international law.
 
Speaking to a group of Western journalists at the St. Petersburg International Economic Forum, Putin criticized the West, saying support for an "unconstitutional coup" interrupted a constructive dialogue over Ukraine.
 
Those who instigated the "coup" in Ukraine should have thought more carefully about the consequences of their actions, he said.

Western nations have threatened to toughen sanctions if Russia interferes with Sunday's national elections in Ukraine. Russia's natural gas and oil industries could be targeted, for instance.
 
The U.S. and its European allies first imposed sanctions after Russian lawmakers voted to annex Ukraine’s Crimean peninsula in early March. In early May, U.S. Secretary of State Victoria Nuland said at a congressional hearing that sanctions — focused on people in Putin's inner circle — had affected Russia’s economy, depressing its stock market and its currency’s value. Some members of Congress disagreed that sanctions were making sufficient impact.
 
On Friday, after Putin pledged to forum members that he would respect the outcome of the elections and work with the new government, Russia’s stock index and currency rallied.
 
In Moscow, the MICEX stock index rose 0.6 percent, the Associated Press reported. It also said Russia’s currency, the ruble, ticked up 0.5 percent against the dollar. Trading at 34.1 rubles, it’s the currency’s best performance since Crimea's annexation, the AP said.

Some information for this report comes from AP and Reuters.

You May Like

Video Analysts: Beijing Parade a 'Bazaar' of Stolen Technology

Show commemorating victory over Japan in World War II involved long, medium and short range missiles, a range of tanks and 200 fighter aircraft More

Bernie Sanders Surge Reflects US Shift on Socialism

Although most analysts say it is unlikely he will get the Democratic nomination, Sanders' campaign opens up questions and issues that are otherwise marginalized More

Video On IS Frontline, Kurdish Fighters Ready for Offensive

Peshmerga soldiers say although they need more heavy artillery, they are poised to take the fight to the Islamic State extremists on their turf More

This forum has been closed.
Comment Sorting
Comments page of 2
    Next 
by: Frank Capra from: Ekaterinburg RU
May 26, 2014 11:55 AM
Counter-productive sanctions? Only to the richest mass murderer in Russia and his ability to amass more billions at the expense of his enslaved and oppressed peoples.

by: Anonymous
May 25, 2014 5:39 PM
Putin's Vetoing for the International Criminal Court for investigations into mass murders, and war crimes in Syria are far more counterproductive than anything. He should smarten up instead of aiding and allowing criminal activity implemented by bashar al assad whom should of been arrested years ago for atrocities and many other crimes. This example shows the world Putin is a disgrace to all mankind.

by: Anonymous
May 25, 2014 2:44 AM
We must stop purchasing Russia's gas and oil!!! We must not contribute to the war!

by: Anonymous
May 24, 2014 10:11 PM
It doesn't matter if you are a next door country or across the globe. It is up to that country to decide its own fate by the peoples decision, putin has no business sticking his nose there.
In Response

by: Anonymous
May 25, 2014 5:43 PM
nah it is nobodies business but Ukraine. USA has just as much business defending Ukrainians for a democratic election as Russia does. Doesn't matter if you are next door or around the world. Respecting Ukraine's people is number one here... Russia had no business trying to steal Crimea or chop it up either. It will never be recognized by anyone in the world. Putin has always done idiotic provocative acts, which only digs him deeper, hopefully the Russian people overthrow Putin someday soon. Although Putn would likely do the same thing as assad has done, label all opposition or anyone who dislikes him, as terrorists, which makes them think they can kill everyone.
In Response

by: mpaulson from: Denver
May 24, 2014 10:53 PM
Russia has every right to be involved in the Ukraine crisis. Given both the history of the two countries and the fact that it can and has had an impact on Russia already. The US has no right to be involved in this. It's yet another example of the US gov Taking advantage of a bad situation and trying to buy a government. Just like Iraq, Libya and Syria.

by: amb137 from: Palo Alto
May 24, 2014 9:34 PM
Bloomberg said buy Russian shares depressed by this UA kerrymongering. They were right on the money with the same call when Russia kicked out Georgian 'liberators' from Ossetia, and they are right on the money this time around too. Check RSX.

by: Anonymous
May 24, 2014 9:02 PM
No need to blame Putin because he is not the worst President and when it comes to Ukraine, he has most rights than any country on earth to act against and protect both Russia and Ukraine interests.

by: Pat from: Panama city fl
May 24, 2014 7:05 PM
Sorry Mr. Putin. But accourding to NATO thats the way wars will be fought from now on. We all live on the same unique planet, which may be the only home we all may ever have. There really is no need for weapons any more. Bank accounts emptied can hurt even more so than bullets & bombs. Remenber we are all brothers & sisters and we do this because we love you and your people. God bless.

by: Robert Webb from: Oklahoma City
May 24, 2014 6:28 PM
We, the people of America, as well as our own government need to tend to our own affairs. Too many Americans and others have died mixing into the affairs of others who never appreciate the well intended help. Never in the long term anyway.

by: Guylischnittel
May 24, 2014 6:22 PM
You know what really doesn't correspond to international law?

Sending in para-military Cossacks as a vanguard for an invasion force, holding sham elections, and annexing bits of foreign countries.

by: Craig from: Monterey, CA
May 24, 2014 6:16 PM
If the tactics of sanction are so ineffectual, why mention them? You're a liar, Mr. Putin. This not only stings- it reduces your control by demonstrating your vulnerability to forces of social justice you would prefer to regard as beneath you. Why not just bring your Spetznaz back home and allow the elections to move forwards without (further) interference?
Comments page of 2
    Next 

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Drowned Migrant Toddler Photo Triggers European Outragei
X
Henry Ridgwell
September 04, 2015 11:36 AM
The harrowing picture of a drowned three-year-old Syrian boy washed up on a Turkish beach appears to have galvanized Europe’s leaders into doing more to address the refugee crisis. France, Germany and Italy issued a joint call Thursday for compulsory quotas of refugees for all EU states. But there were chaotic scenes in Hungary as police tried to force migrants off a train heading for Austria. Henry Ridgwell has more. And a caution, some of the images in this report may be disturbing.
Video

Video Drowned Migrant Toddler Photo Triggers European Outrage

The harrowing picture of a drowned three-year-old Syrian boy washed up on a Turkish beach appears to have galvanized Europe’s leaders into doing more to address the refugee crisis. France, Germany and Italy issued a joint call Thursday for compulsory quotas of refugees for all EU states. But there were chaotic scenes in Hungary as police tried to force migrants off a train heading for Austria. Henry Ridgwell has more. And a caution, some of the images in this report may be disturbing.
Video

Video Russians Observe 11th Anniversary of Beslan School Attack

This week, Russians have been observing the 11th anniversary of the attack by Islamic militants on a school in Russia's North Caucasus region that killed more than 330 hostages, including 186 children. The three-day siege and massacre that started on September 1, 2004 took place in Beslan, a town in the republic of North Ossetia, and is one of the bloodiest terrorist acts ever in Russia. VOA's Mike Richman reports.
Video

Video Native Americans Debate: Father Serra, Saint or Sinner?

Pope Francis will canonize an 18th century missionary to Spanish California during a papal visit to the United States this month.  But some Native Americans have criticized the elevation to sainthood of the missionary priest, Junipero Serra. VOA's Mike O’Sullivan has more from Los Angeles.
Video

Video Calais School Offers Another Face of Europe’s Migrant Crisis

Europe is facing mounting criticism over how it’s handling its biggest migration crisis since World War II. But not all Europeans believe building walls or passing repressive policies are the answer. A school for migrants in the French port city of Calais, is opening doors and building bonds across nationalities. VOA's Lisa Bryant reports.
Video

Video Kurdish Fighters on IS Frontline Ready for Offensive

Finger on the trigger, the Kurdish Peshmerga soldier stared across the dust at a village taken over by Islamic State extremists. The Kurdistan’s Khazir frontline, just 45 minutes from the Islamic State stronghold of Mosul. And at this point, the militants were less than two kilometers away. VOA's Sharon Behn reports.
Video

Video China Announces Troop Cuts at WWII Parade

Chinese President Xi Jinping Thursday announced plans to cut the world’s largest military force by 300,000 troops. The announcement was made during a massive military parade to commemorate victory over Japan in World War II. The event was shunned by most Western leaders and for some is raising fresh concerns about China’s military ambitions. VOA’s Bill Ide has more from Beijing.
Video

Video Russia-Japan Relations Cool as Putin Visits China for WWII Anniversary

Russian President Vladimir Putin is in Beijing for commemorations of the 70th anniversary of China's WWII victory over Japan. Putin is expected to visit Japan later this year, but tensions between Tokyo and Moscow over islands disputed since the war, and sanctions over Ukraine, could pour cold water on the plan. VOA's Daniel Schearf reports.
Video

Video Yemen ‘on Brink of Disaster’ as Medical Shortages Soar

Aid agencies warn Yemen is on the brink of humanitarian disaster – with up to half a million children facing severe malnutrition, and hospitals running out of basic medicines. There are fears Yemen's civil war could escalate as the coalition led by Saudi Arabia tries to drive back Houthi rebels, who seized control of much of the country earlier this year. Henry Ridgwell reports.
Video

Video Apps Helping Kenyan Businesses Stay Ahead of Counterfeiters

Counterfeit goods in Kenya cost the government as much as $1 billion each year in lost tax revenues. The fake goods also hurt entrepreneurs who find it hard to carve out a niche in the market and retain customers. But as Lenny Ruvaga reports from Nairobi, information technology is being used to try to beat the problem.
Video

Video Nobel Prize Winner Malala Talks to VOA

Nobel Peace Prize winner Malala Yousafzai met with VOA's Deewa service in Washington Sunday to talk about women’s rights and unveil a trailer for her new documentary. VOA's Katherine Gypson has more.
Video

Video War, Drought Threaten Iraq's Marshlands

Iraq's southern wetlands are in crisis. These areas are the spawning ground for Gulf fisheries, a resting place for migrating wildfowl, and source of livelihood for fishermen and herders. Faith Lapidus has more.
Video

Video Colombians Flee Venezuela as Border Crisis Escalates

Hundreds of Colombians have fled Venezuela since last week, amid an escalating border crisis between the two countries. Last week, Venezuelan President Nicolas Maduro ordered the closure of a key border crossing after smugglers injured three Venezuelan soldiers and a civilian. The president also ordered the deportation of Colombians who are in Venezuela illegally. Zlatica Hoke reports.
Video

Video Rebuilding New Orleans' Music Scene

Ten years after Hurricane Katrina inundated New Orleans, threatening to wash away its vibrant musical heritage along with its neighborhoods, the beat goes on. As Bronwyn Benito and Faith Lapidus report, a Musicians' Village is preserving the city's unique sound.
Video

Video In Russia, Auto Industry in Tailspin

Industry insiders say country relies too heavily on imports as inflation cuts too many consumers out of the market. Daniel Schearf has more from Moscow.
Video

Video Scientist Calls Use of Fetal Tissue in Medical Research Essential

An anti-abortion group responsible for secret recordings of workers at a women's health care organization claims the workers shown are offering baby parts for sale, a charge the organization strongly denies. While the selling of fetal tissue is against the law in the United States, abortion and the use of donated fetal tissue for medical research are both legal. VOA’s Julie Taboh reports.

VOA Blogs