Biden said the consequences of sanctions on Russia’s economy

Biden believes that Russia’s economy will halve
Photo:


news from the plot

Sanctions against Russia in general and the Urals in particular

The Russian economy will feel the effects of Western sanctions and will not be among the 20 largest in the world. This statement was made by US President Joe Biden in Warsaw.

“The economy is on the verge of halving in the coming years <…> It will soon not even be among the top 20 in the world,” Biden said during a briefing in Poland. The speech was broadcast by the White House YouTube channel. According to the US leader, before the events in Ukraine, Russia’s economy was the 11th largest in the world.

The West began to impose tough sanctions after the start of a special operation in Ukraine. At the same time, the restrictions also had a negative effect on Western countries: settlement and logistics systems were disrupted, inflation was rising, and cooperative ties were broken. Because of these consequences, there is no unity within the Western community to continue this line. Hungary is blocking a new package of European sanctions, and a number of countries are expressing active dissatisfaction with the situation on the energy market. US President Joe Biden’s rating has fallen to a historic low: according to an Ipsos poll conducted on March 20-21, it was 40% against 44% in February 2022. Biden’s anti-rating is growing: 51% of the population disapproved in February, 54 in March %.

If you want to report the news, write to us

Subscribe to URA.RU. Google News, Yandex.News and on our channel in Яндекс.Зенfollow the main news of Russia and the Urals telegram channel URA.RU. and receive all the most important news with delivery to your mail in our daily newsletter.

The Russian economy will feel the effects of Western sanctions and will not be among the 20 largest in the world. This statement was made by US President Joe Biden in Warsaw. “The economy is on the verge of halving in the coming years <…> It will soon not even be among the top 20 in the world,” Biden said during a briefing in Poland. The speech was broadcast by the White House YouTube channel. According to the US leader, before the events in Ukraine, Russia’s economy was the 11th largest in the world. The West began to impose tough sanctions after the start of a special operation in Ukraine. At the same time, the restrictions also had a negative effect on Western countries: settlement and logistics systems were disrupted, inflation was rising, and cooperative ties were broken. Because of these consequences, there is no unity within the Western community to continue this line. Hungary is blocking a new package of European sanctions, and a number of countries are expressing active dissatisfaction with the situation on the energy market. US President Joe Biden’s rating has fallen to a historic low: according to an Ipsos poll conducted on March 20-21, it was 40% against 44% in February 2022. Biden’s anti-rating is growing: 51% of the population disapproved in February, 54 in March %.

About the author

lpnaf

Leave a Comment