Russia admits more US sanctions will hurt

A top Russian official admitted Friday that a new round of U.S. sanctions against his country would do real damage to its economy, and said he hoped U.S. officials would avoid more aggressive measures.

“Foreign investors will hardly participate in our domestic financial market,” Finance Minister Anton Siluanov said, according to state-run TASS, while discussing the prospect of additional sanctions. “The share of foreign investors has been declining in any case.”