According to the Kremlin’s Foreign Ministry spokesperson, Maria Zakharova, the US has been refusing to release cash from the International Monetary Fund and the World Bank for international projects in Russia. Zakharova labelled the policy “very dangerous” for relations between the two countries. She said: “There is growing perception that the outgoing US administration applies ‘scorched earth’ policy in bilateral relations.

“This is a dangerous policy which is fraught with negative consequences for international stability. That will not lead to anything good.” She added: “Nobody should harbour the illusion that you can pressure Russia, neither the current American authorities nor those who will replace them”. FULL REPORT