![]() They are telling their citizens it's the Russians who are to blame," he said, according to a translation of the speech. They provoked a growth of prices in their own countries, closures of factories, collapse of energy sector. "The initiators of the sanctions are punishing themselves. In his defiant address, Putin said the West had "not achieved success" in its military and economic "aggression" against Russia - nor would it. President Putin said Tuesday that Western allies are "punishing" themselves with the sanctions levied against Russia. "Put simply, we are making the Kremlin's choice-between funding its illegitimate war and propping up its economy-harder each day," Adeyemo added. "The Russian Finance Ministry has been forced to nearly triple its daily foreign currency sales to make up for the shortfall," he said. ![]() "Industrial production has declined in Russia for 9 straight months and we are planning to take additional steps to further decimate the Kremlin's industrial base," Adeyemo added.Īdeyemo said that a coalition price cap on oil has dropped Russia's monthly budget revenues to their lowest level since 2020, about 46% below where they were a year ago. ![]() The best educated, most productive Russian citizens have left, which will dramatically reduce the economic capacity of the country," Adeyemo said in remarks to the Council on Foreign Relations in Washington. "This was the second highest deficit the country has experienced in the post-Soviet era. ![]() ![]() Treasury Secretary Wally Adeyemo said Russia suffered a budget deficit of $47 billion last year, due in part to coordinated global sanctions. Personal Loans for 670 Credit Score or Lowerĭeputy U.S. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |