Putin: US sanctions are ‘unfriendly act’ but Russia won’t cave to pressureVladimir Putin has been giving his first direct response to the US sanctions announced on Russia yesterday.

He says the sanctions won’t affect Russia’s economy (a claim widely contradicted by most analysts), but described them as an “unfriendly act” that doesn’t strengthen its relations with the US, according to Russian state media TASS.

The sanctions are an attempt to put pressure on Russia, Putin says, adding that “dialogue is always better than war”.

He says Russia will never bow to pressure from abroad.
n his speech at the Russian Geographical Society in Moscow, Putin says that replacing Russian oil on the global market will take time and lead to price increases.

Discussing his cancelled summit with Donald Trump in Budapest, Putin says the meeting was proposed by the US.

He adds that Trump most likely meant the summit was “postponed” in his comments at the White House yesterday.

Russia wants to continue dialogue with the US as the two countries have many areas for cooperation, Putin adds.

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