Russia’s Wounded Economic system – How Dangerous is it?

EXPERT PERSPECTIVE — The European Union has made its long-awaited resolution to cap Russian crude oil at $60 per barrel and to stop European corporations from delivery Russian oil not lined by the worth cap, to different international locations. The measures took impact on the similar time the EU imposed a brand new sanctions package deal outlawing a variety of maritime companies to Russia. A Kremlin spokesman described the EU actions as “a step towards destabilization of the world power markets.”

The EU strikes symbolize the newest salvos within the Western marketing campaign to precise an financial value for Russia’s aggression in opposition to Ukraine.

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