Kremlin Calls, Sanctions on Russia, an Act of Economic War.
On March 10, the Kremlin said that measures were being taken to reduce the impact of shocks to Russia's economy.
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Digital Journal reports that the Kremlin has called Western sanctions over Russia's invasion of Ukraine an "absolutely unprecedented" act of war.
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Digital Journal reports that the Kremlin has called Western sanctions over Russia's invasion of Ukraine an "absolutely unprecedented" act of war.
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The United States definitely has declared economic war against Russia and is waging this war, Dmitry Peskov, Kremlin spokesman, via Reuters.
This is absolutely unprecedented.
The economic war that has started against our country has never taken place before, Dmitry Peskov, Kremlin spokesman, via Reuters.
The sentiment was echoed by Russian President Vladimir Putin, who called the economic sanctions on Russia , "akin to a declaration of war.".
Earlier this week, United States President Joe Biden announced a ban on all Russian energy imports.
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Earlier this week, United States President Joe Biden announced a ban on all Russian energy imports.
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The move took aim at one of Russia's main sources of income and a major avenue of funding for its invasion.
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The move took aim at one of Russia's main sources of income and a major avenue of funding for its invasion.
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Harsh economic sanctions have been imposed on many aspects of the Russian economy, including the nation's financial and corporate systems. .
Harsh economic sanctions have been imposed on many aspects of the Russian economy, including the nation's financial and corporate systems. .
The sanctions have not only taken a toll on Russia's economy but also on citizens who have been banned from travel and access to Western brands.
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The sanctions have not only taken a toll on Russia's economy but also on citizens who have been banned from travel and access to Western brands.
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Digital Journal reports that the West has also sanctioned at least 26 Russian politicians and oligarchs, seizing billions of dollars worth of assets.
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Digital Journal reports that the West has also sanctioned at least 26 Russian politicians and oligarchs, seizing billions of dollars worth of assets.
