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Joe Biden (L), Vladimir Putin (R).
Joe Biden (L), Vladimir Putin (R).Alex Brandon/AP Photo; Sergei KarpukhinTASS via Getty Images
  • Multiple reports said that the Russian government warned of a "painful" response to the United States over its sanctions against Russia.

  • The Ministry of Foreign Affairs of Russia said that the US sanctions are part of the ongoing attempts to change Russia's course.

  • The ministry said there should be no doubt that sanctions will receive a strong response.

According to multiple reports, the Russian government warned of a strong and painful response to the United States over its sanctions against the country.

Russia will target sensitive US assets as a reprisal, according to the Ministry of Foreign Affairs.

The ministry said in a statement that the US sanctions against it are part of America's attempts to change Russia's course.

Russia has proved that it is able to minimize the damage from sanctions.

Thousands of people leave eastern Ukraine because of fears of war.

Captions will look like this

Videos show thousands of people leaving eastern Ukraine and crossing into Russia as fears grow that Putin is moving closer to war.

The ministry said that it was open to diplomacy with the US, but that the sanctions would be met with a fierce response.

There should be no doubt that sanctions will receive a strong response from the American side.

Russia will retaliate by targeting sensitive US interests, according to a statement from the ministry.

US President Joe Biden on Tuesday announced the first wave of sanctions against Russia because of the beginning of a Russian invasion of Ukraine.

The US sanctions against Russia target the country's debt, two large Russian financial institutions, and Russian elites.

If Russia escalates, we will continue to escalate sanctions, warned Biden.

Russian President Vladimir Putin ordered troops to eastern Ukraine after recognizing the independence of two Moscow-backed regions.

Ukraine is moving to declare a state of emergency in response to Russia.

The latest on the Russia-Ukraine crisis can be found here.

The original article is on Business Insider.

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