MOSCOW — Russia on Saturday derided the United States and Canada for imposing yet another round of economic sanctions over the Kremlin’s policies in Ukraine, and pointed at President Obama’s recent decision to normalize relations with Cuba as proof that sanctions were ultimately pointless.
Russia's War Against Ukraine
New York Times: Russia denounces new round of sanctions
People look at items in a mall in central Moscow on December 15, 2014. Russians are feeling the pinch from the slumping ruble, but one somewhat paradoxical result has been to unleash a spending spree as consumers snap up electronics, furniture and cars before prices soar. In general, Russians' spending power has gone down with the ruble -- which this week hit a record low against the dollar and has lost more than half of its value against the euro due to falling oil prices and Western sanctions over Ukraine. In addition, inflation is forecast to soon climb above 11 percent. AFP PHOTO/KIRILL KUDRYAVTSEV