20.05.2022, 15:20
Media: Fears of a Global Economic Recession are Hampering the West in Imposing New Sanctions Against Russia
Source: OREANDA-NEWS
OREANDA-NEWS Growing fears of Western leaders because of the global economic downturn are complicating the introduction of new sanctions against Russia. This was reported by RIA Novosti citing the Washington Post, according to Gazeta.ru.
As it is noted in the article, in some developing countries because of the emerging situation famine may begin. In addition, energy prices continue to rise in the U.S. and Europe, which affected the record inflation rate for 40 years.
WP also added that, despite the large number of sanctions imposed on Russia, the European Union continues to buy energy resources from Moscow, feeding it with money.
On May 20, Russian Foreign Minister Sergei Lavrov said that Western sanctions do not help their organizers to achieve the goals pursued.
Earlier, it was reported that EU politicians fear recession and stagflation amid the developing crisis.
As it is noted in the article, in some developing countries because of the emerging situation famine may begin. In addition, energy prices continue to rise in the U.S. and Europe, which affected the record inflation rate for 40 years.
WP also added that, despite the large number of sanctions imposed on Russia, the European Union continues to buy energy resources from Moscow, feeding it with money.
On May 20, Russian Foreign Minister Sergei Lavrov said that Western sanctions do not help their organizers to achieve the goals pursued.
Earlier, it was reported that EU politicians fear recession and stagflation amid the developing crisis.
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