Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

'We are moving towards second Cold War', Russian PM warns

by Danielle Levy on May 20, 2014 at 08:42

'We are moving towards second Cold War', Russian PM warns

Russia is being pulled into a second Cold War with the US and its allies as events escalate in the Ukraine, Russian prime minister Dmitry Medvedev has warned.

In an interview with Bloomberg Television, Medvedev said Russia is preparing a raft of retaliatory steps if the US and European Union impose wider sanctions. The PM also accused US president Barack Obama of lacking 'political tact'.

'We are slowly but surely moving toward a second Cold War, which no one needs,' Medvedev told Bloomberg.

'We haven’t especially commented on sanctions or responded to them harshly, although we could do something unpleasant or offensive to those countries that are introducing these sanctions.'

Medvedev’s comments come less than a week before Ukraine's much awaited presidential election and a day after Russian president Vladimir Putin yesterday ordered Russian troops near the Ukrainian border back to bases. Russia has not yet said whether it will recognise the results of the election.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:


On the road

Click here to find out more from the Audience Development team.


How is regulation feeding the outsourcing trend?

on Jul 24, 2014 at 10:59

Sorry, this link is not
quite ready yet