GENERICO.ruWorldThe United States acknowledged the failure of attempts to bring the Russian economy to its knees

The United States acknowledged the failure of attempts to bring the Russian economy to its knees


View of the Moscow City International Business Center. File photoMOSCOW, May 20Western sanctions have failed to bring the Russian economy to its knees due to its unique position in the world, analyst Josh Owens wrote in an article for the American portal OilPrice. According to him, energy resources and food countries are critical to global stability.

"It is surprising that in a globalized world that is already suffering from supply chain problems, energy shortages and economic stagnation, sanctions have failed to bring the Russian economy to its knees" Owens.

The author of the publication stressed that exporting oil and gas at record prices allows Moscow to achieve an impressive trade surplus. spoke about the fear of the West to impose new sanctions against Russia”The first and most important point is that Russia occupies a unique position as a net exporter and energy resources and the most important food freedom, and this allows it to stay afloat,” the analyst said. Owens also explained that strong trade relations with China and India provide Russia with a powerful influx of foreign currency and remove all concerns about the country's solvency. After the start of the Russian special operation to demilitarize and denazify Ukraine, the West has stepped up sanctions pressure on Moscow. Many countries have announced the freezing of Russian assets, and calls to abandon energy sources have become louder. All this has already turned into problems for the US and Europe, provoking an increase in fuel and food prices. will result in sanctions against Russia

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