Russia has warned that existing and new anti-Russia sanctions will hit the global economy hard and result in a global economic crisis. dedollarization
Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic crisis. “Both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will hit the global economy hard,” the spokesperson for Russian President Vladimir Putin said.
“We proceed from the fact that in any case, both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will hit the global economy hard,” Putin’s spokesperson was quoted by Tass publication as saying. He added:The Group of Seven countries are reportedly considering a near-total ban on exports to Russia.
Responding to a question about the G7 countries considering new anti-Russia sanctions, Peskov said: “Of course, we are monitoring this very carefully, of course, we are aware that the United States and EU countries are actively considering new additional sanctions. We must not forget that no country in the world has ever faced sanctions to such an extent as we have.
Meanwhile, the BRICS nations — which comprise Brazil, Russia, India, China, and South Africa — are working on that would reduce their reliance on the U.S. dollar. Russian Foreign Minister Sergey Lavrov said Thursday that Russia is ready to take part in the discussions on the creation of a BRICS currency.
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