Russian Officials: Russian Govt said to prepare for toughest sanctions scenario - RBC

The Russian newspaper RBC quoted unnamed Russian officials on Tuesday, as saying that their government is prepared to face the toughest sanctions likely to be imposed by the US.

Key Headlines:

The government prepared plans for many possible situations.

Such as if US introduces limitations on sovereign debt purchases.

Or if Russia gets disconnected from SWIFT bank messaging system.

The main concern for Russian officials is trying to block sanctions against the nation's two largest banks, Sberbank and VTB.