Russia Ready to Protect Economy, Medvedev Says

Russia’s government is prepared to protect its economy from the possible wider sanctions by the U.S. and its allies, Prime Minister Dmitry Medvedev said.

Crimea is being used to put political pressure on Russia, Medvedev said at the lower house of parliament in Moscow today. The government will seek to shield local businesses, minimize the effect of economic sanctions and fulfill its social obligations regardless the restrictions, he said.