Russian foreign office official Dmitry Birichevsky told RIA Novosti that sanctions on Moscow were hitting the West like a 'boomerang.'
U.S.-led measures have seen Russia isolated from the global financial system. For example, the U.S. has barred Russia from making debt payments using the money it holds in American banks, making it harder for Russia to repay its international loans.
Russian President Vladimir Putin chairs a meeting with government members via a video link at the Kremlin in Moscow on July 8, 2022. Russian foreign ministry official Dmitry Birichevsky told RIA Novosti in an interview published 13 July, 2022, that Moscow's response to Western sanctions would be"painful.
Birichevsky, who is director of the Russian foreign ministry's department of economic cooperation, said that sanctions Russia faces will have widespread consequences and that Moscow has not yet applied its"countermeasures in full force." "It is obvious that Western countries are already exhausting their own economies and their citizens with anti-Russian attacks," he told state news agency RIA Novosti.
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