US Says Russia Is, 'Desperate' to End Sanctions , After Putin Slams 'Dictatorship'.
US Says Russia Is, 'Desperate' to End Sanctions , After Putin Slams 'Dictatorship'.
NBC reports that the White House has struck back at Russian President Vladimir Putin after he repeatedly slammed the Western world in a recent speech.
NBC reports that the White House has struck back at Russian President Vladimir Putin after he repeatedly slammed the Western world in a recent speech.
On September 7, Putin spoke at the Eastern Economic Forum in Vladivostok, accusing the United States of driving up the cost of living in Europe as energy prices soar.
On September 7, Putin spoke at the Eastern Economic Forum in Vladivostok, accusing the United States of driving up the cost of living in Europe as energy prices soar.
According to Putin, economic strain on Europe and beyond is the result of sanctions imposed on Russia for its invasion of Ukraine.
According to Putin, economic strain on Europe and beyond is the result of sanctions imposed on Russia for its invasion of Ukraine.
The U.S. State Department defended its actions, claiming that, “sanctions and export controls are working, and President Putin is desperate to convince the world otherwise.”.
The U.S. State Department defended its actions, claiming that, “sanctions and export controls are working, and President Putin is desperate to convince the world otherwise.”.
Russia’s economy is vulnerable to the cutoff from the global economy and will surely suffer a sustained decline in economic activity.
, State Department spokesperson, via NBC.
Putin’s war is projected to wipe out much of Russia’s economic gains over the last 15 years, State Department spokesperson, via NBC.
According to a State Department spokesperson, , Moscow is being forced to spend more in order to prop up Russia's economy.
NBC reports that Russia has mitigated the impact of international sanctions by turning to India and China to sell its oil.
In August, Reuters reported that Russia's Economy Ministry expects energy exports to rise to $337.5 billion in 2022, a 38% increase from last year.
On August 7, Putin said that Moscow would have a budget surplus in 2022, while also conceding that growth and gross domestic product might fall “around 2% or a little more.”.
On August 7, Putin said that Moscow would have a budget surplus in 2022, while also conceding that growth and gross domestic product might fall “around 2% or a little more.”
