
US and EU flags. Archive photoMOSCOW, 2 Apr. Strengthening restrictive measures against Russia will become a «strength test» for Western countries and may break unity among them, writes the German newspaper Handelsblatt. food, job losses and the arrival of millions of refugees.
"In the past, economic sanctions have mostly not worked because they were too weak. Now the sanctions against Russia can become tougher, as well as the negative consequences for us", the publication says.
It is emphasized that Russia, unlike Iran, Venezuela and the DPRK, is tightly integrated into the world economy, and ties with it are especially important for Europe and, in particular, Germany. «The split of the world economy into hostile blocs will hit these countries even harder,» — said Rike. The observer also noted that China can help Russia to nullify the actions of the West, whose intention to isolate Moscow was also not supported by many countries in Africa, Latin America and Asia, since they will have to suffer the greatest losses from rising energy and food prices.
The Hill: The US is in for a massive crisis due to anti-Russian sanctionsRussia launched a military operation in Ukraine on February 24. In response, Western countries announced large-scale sanctions against Moscow, primarily in the banking sector and the supply of high-tech products. Individual brands announced the cessation of work in the country. The Kremlin called these measures an economic war, the likes of which have never been seen before. The authorities stressed their readiness for such a development of events and assured that they would continue to fulfill social obligations. The Bank of Russia is taking measures to stabilize the situation on the foreign exchange market. The authorities also announced the transfer of payments for gas supplies to unfriendly countries into rubles. In addition, the government has prepared a plan to counter restrictive measures, which includes about a hundred initiatives. The volume of its funding will be about a trillion rubles.

