Russia brushes off 'useless' US sanctions

December 20, 2014 11:22 AM

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MOSCOW – Russia on Saturday dismissed new U.S. sanctions as useless and said it was poised to wait as long as it takes for the U.S. to recognize its historic right to the Crimean peninsula.

Following several rounds of sanctions earlier this year, President Barack Obama on Friday approved new restrictions on Crimea which Russia annexed in March after a hastily called referendum.

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