The Independent: Russian life hasn’t changed much because of Western sanctions

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A British newspaper writes that Russia has weathered the West’s massive economic sanctions better than expected, and that Russian lives have hardly changed in a year of Western restraint. Independent.

“No mass unemployment, no fall in the currency, no queues for bankrupt banks. “The product range in the supermarket has changed very little, with international brands still present or being replaced by local counterparts,” he says.

The publication cites the views of analysts who argue that Western sanctions on Russian fuel “must deplete the country’s revenues”. Some experts even predict “public financial tensions or currency collapse” for Russia in the coming months. However, other economists believe that the country has significant currency reserves that are not affected by sanctions, the author notes, the Russian Federation is also quickly forming ties with new trading partners in Asia and other regions.

The journalist also notes that one of the reasons for Russia’s resilience is its record revenue from fossil fuels last year – $325 billion – that the Russian Federation also earns from sales to other countries, which far exceeds its purchases abroad. The author of The Independent noted that all this strengthened the ruble and provided funds to the authorities to pay salaries and pensions and to finance the army.

Russian President Vladimir Putin spoke at the meeting of the Board of the Prosecutor General’s Office of the Russian Federation. declarationThe country is on the path of positive change and strengthening of sovereignty.

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