Most Americans favor diplomacy over sanctions for Russian Federation

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Russian President Vladimir Putin on Wednesday called USA sanctions against Moscow "counterproductive and senseless" after Washington warned that more "economic pain" was to come.

In a statement published on the Russian Foreign Ministry website, Ryabkov said the latest sanctions were introduced under a "false pretense".

The Treasury Department is going after two companies and two Russians suspected of trying to circumvent US sanctions imposed in June in response to cyberattacks and other malicious activities run by Moscow's military and spy services.

The latest U.S. sanctions were announced in early August, causing Russian stock markets to drop dramatically.

The Russian-flagged ship Sevastopol, one of six Russian vessels sanctioned by the United States, arrived at Busan Port and remained anchored there as of Tuesday, according to global shipping data site Marine Traffic. The companies include Vela-Marine Ltd. and two people associated with sanctioned companies, Marina Igorevna Tsareva and Anton Aleksandrovich Nagibin. That company was sanctioned in June for procuring underwater equipment and diving systems for Russian government agencies. The ultimate buyer of the cargoes was Taesong Bank, an entity connected with Pyongyang's Office 39, which engages in illicit economic activity for North Korean leadership.

It is the third time this month that Washington has slapped sanctions on Russian firms for their alleged ties to illegal North Korean activity, demonstrating again the United States commitment to keep pressure on Pyongyang until it abandons its nuclear weapons and ballistic missile programs.

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The U.S. Treasury identified the shipping firms as Vladivostok-based shipping companies Primorye Maritime Logistics Co., Ltd., (Primorye) and Gudzon Shipping Co., LLC (Gudzon).

Initial Russian triumphalism after the summit turned sour however as anger over what some U.S. lawmakers saw as an over deferential Trump performance galvanised a new sanctions push.

The diplomat is sure that after these actions the Americans makes no sense to speak about any improvement of relations between the two countries.

"Such aggressive and malign behavior undermines the worldwide order that keeps us safe", Hunt was to tell an audience at the US Institute of Peace, a nonpartisan think tank, according to excerpts provided by the Foreign Office.

European Commission deputy chief spokesman Alexander Winterstein, asked if commission president Jean-Claude Juncker still wanted an end to "Russia-bashing" or now favoured a tougher stance outlined by Britain, told reporters in Brussels: "The position of the president has not changed, it's fully in tune with the position of the European Union".