[HIGHLIGHTS] Sanctions against Russia: Putin ally Medvedev threatens revenge on the West

Sanctions against Russia: Putin ally Medvedev threatens revenge on the West. In Moscow, the new sanctions are seen as an affront.

He advises the Russians to take action. Although U.S. sanctions may spark resentment in Moscow and hit the Russian economy, it is not clear whether they will halt Russia's progress in the Ukraine war. Justin Logan, director of defense and foreign policy studies at the Cato Institute, a liberal think tank in Washington DC, said the measures are likely to achieve the goal of restricting Russian exports.