Putin Responds: “US Sanctions Will Boomerang And Cause Very Serious Damage”

Wednesday, July 16, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/16/2014

“Sanctions have a boomerang effect and without any doubt they will push U.S.-Russian relations into a dead end, and cause very serious damage, and it undermines the long term security interests of the US State and its people.”
“This means that U.S. companies willing to work in Russia will lose their competitiveness next to other global energy companies.” Putin said the sanctions will hurt Exxon Mobil Corp which has been given the opportunity to operate in Russia. “So, do they not want it to work there? They are causing damage to their major energy companies.” Putin said the sanctions will hurt Exxon Mobil Corp which has been given the opportunity to operate in Russia. “So, do they not want it to work there? They are causing damage to their major energy companies.”

The Rest…HERE

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