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The original was posted on /r/worldnews by /u/2be_0r_not2be on 2023-11-03 18:23:56.
Russia dismisses new U.S. sanctions: 'You will never defeat Moscow'
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
MOSCOW, Nov 3 (Reuters) - Russia on Friday dismissed new U.S. sanctions over the war in Ukraine, saying that the United States would never defeat Moscow, while the boss of Russia’s fastest growing natural gas company quipped the sanctions were a badge of success.
The United States on Thursday targeted Russia’s future energy capabilities, sanctions evasion and a suicide drone that has been a menace to Ukrainian troops and equipment, among others, in sanctions on hundreds of people and entities.
Putin is girding the $2.1 trillion economy for a long war and Western hopes of stoking a swift Russian economic crisis with some of the toughest sanctions ever imposed have not been realised.
The International Monetary Fund forecasts Russian growth of 2.2% this year - faster than either the United States or the Euro area - though the Fund last month lowered its forecast for 2024 growth to 1.1%.
The West has frozen hundreds of billions of dollars of Russian money, but Putin has joked that the sanctions have not stopped the import of Western goods such as luxury Mercedes to Russia and that Moscow will work to undermine the sanctions by buying what it wants on global markets.
Leonid Mikhelson, the head of Russian natural gas producer Novatek(NVTK.MM), told a conference in the Uzbek city of Samarkand that the U.S. sanctions were a badge “of our professionalism”.
The original article contains 396 words, the summary contains 228 words. Saved 42%. I’m a bot and I’m open source!