Russia Cancels Talks with US Undersecretary of State

June 21, 2017 Share Print 0

Russia’s deputy foreign minister says he has cancelled upcoming talks with the U.S. undersecretary of state over a new round of U.S. sanctions against Russia.

The Trump administration announced Tuesday that it has imposed sanctions on 38 Russian individuals and firms over Russia’s activities in Ukraine.

The Russian Foreign Ministry on Wednesday quoted Deputy Minister Sergey Ryabkov as saying that “the situation is not conducive to holding a round of this dialogue” that was scheduled for Friday and criticized the U.S. for “not having offered and not offering anything specific” to discuss.

Russia-U.S. relations have remained tense even as the White House considers scheduling President Donald Trump’s meeting with Russian President Vladimir Putin on the sidelines of next month’s Group of 20 meeting.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.