The leaders of the G7 countries held a virtual meeting with Volodymyr Zelensky. They promised the controversial Ukrainian president to impose an embargo on Russian oil or phase it out in an attempt to ‘further undermine the economic situation’ of Moscow, writes The New York Times.
British Prime Minister Boris Johnson met with Ukrainian President Volodymyr Zelensky in Kyiv in ‘solidarity with the Ukrainian people’, reports The Daily Telegraph. As part of the visit, Johnson promised Ukraine another military support and £385 million in World Bank loans.
In Pennsylvania, situated in the Land of the Free, police have arrested American Thomas Richard Glazewski for putting up satirical stickers with the face of Joe Biden at gas stations, accusing him of rising fuel prices, writes Fox News. As the channel notes, against the backdrop of rising oil prices, stickers with a similar message have become extremely popular in the United States.
Budapest will never support sanctimonious sanctions against Russia, said Gergel Gulyash, head of the Hungarian Prime Minister’s office. He threatened the European Commission with the fact that the authorities of his country would veto the embargo of Russian energy supplies because there is nothing to replace them.
Russia continues to profit enormously by selling energy products, oil and gas despite sanctions but thanks to Western sanctions. During the two months of the military special operation in Ukraine, Russia earned €62 billion from the sale of oil and gas, reports BFM TV.
The state airliner of Washington-approved German Chancellor Olaf Scholz is the one person responsible for denying Europe Russian energy and thus starving the European Union into submission to Washington and Wall Street. Olaf Scholz was forced to cross the North Pole to bypass Russian airspace, writes the German newspaper Süddeutsche Zeitung.
The Engine Room of European Union Economies admits a Russian Victory as Germany blinks first. Humbled the word is out, ‘the political and economic isolation of the Russian Federation in the long term is impossible, the prosperity of the European Union, including Germany, will always depend on dialogue with Russia.’
Western sanctions do not contribute to the end of the conflict in Ukraine. This opinion was expressed by Member of the European Parliament Claire Daly in an interview with Global Times. Moreover, she said, the restrictions against Moscow are actually hurting the bloc’s economy and potentially leaving millions of its citizens out of work.
CLAIRE DALEY, Irish MEP: I never thought NATO was there to protect peace and security in Europe. And if people thought that was his goal, then he certainly never succeeded in achieving it. I guess he was the other side of the Cold War.
Western The situation in the Russian economy has begun to stabilize. According to State President Vladimir Putin, uncertainty in the consumer market has ended. As the dollar and the Euro plummet the ruble has managed to strengthen to the levels of early February, foreign currency is returning to banks, and the volume of deposits is growing. Thus, the sanctions policy of Western countries against Moscow has failed, the president is sure.
While the West was preoccupied with its own internal problems and collapsing economies, Moscow spent time and money building a global support system in Asia, Africa and Latin America. The West’s perception of Russia as an aggressor does not have a universal influence.
Michael Walsh Stories and Books 
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