Hundreds of Western companies have left Russia and a volatile ruble and high inflation are causing Russian economic pain.
The Kremlin on Friday dismissed a new package of US sanctions, saying Russia had learnt to “overcome” such economic hurdles since the Ukraine conflict began.
Washington on Thursday sanctioned several Russian energy and finance companies as well as individuals and firms in Turkey, China and the United Arab Emirates it said were supporting Russia’s offensive against Ukraine.
“Of course, sanctions create additional problems. But I will repeat once again, we have adapted to sanctions… We have learned how to overcome them,” Kremlin spokesman Dmitry Peskov said.
https://imasdk.googleapis.com/js/core/bridge3.600.0_en.html#goog_2105186080A massive hike in military spending and redirecting vital energy exports to China and India has helped Moscow avoid the West’s early hopes that sanctions could push Russia into economic collapse.
However, hundreds of Western companies have left Russia since it launched its assault on Ukraine last February, and a volatile currency and high inflation continue to cause concern among Russian policymakers.
https://www.kyivpost.com/post/23611
“Of course, sanctions create additional problems. But I will repeat once again, we have adapted to sanctions… We have learned how to overcome them,” Kremlin spokesman Dmitry Peskov said.
Of course Peskov would say that. Maybe he could explain why interest rates have doubled in 3 months to 15%, and up to 30% for business loans. It doesn’t sound too healthy to me.
Real sanctions would be removal from the World Bank, SWIFT, the UNSC and massive oil and gas production.
Real sanctions will be implemented by real politicians, not these bought and paid for clowns, owned by certain conglomerates who want to keep earning (blood) money, even in or from mafia land.