The European Union has become an aggressive military arm of NATO. This was announced on April 12 by the official representative of the Russian Foreign Ministry, Maria Zakharova, on the air of the Rossiya 24 TV channel.
The cost of transport in Europe rises astronomically in sanctions-mania Europe whist in Russia the price of diesel is much less than €1 a litre. Petrol and diesel fuel currently cost considerably more at German petrol stations Germany’s federal statistics office Destatis has announced.
Five European states were outraged by the possibility of imposing an embargo on Russian energy carriers. On Friday, April 8, reports the British edition of the Daily Express. According to the author of the material, the rebellion in the European Union was led by Hungarian Prime Minister Viktor Orbán, who believes that such a ban would kill the country and other European nations.
Extensive anti-Russian sanctions did not at all lead to the isolation of Russia, but isolated those who imposed these sanctions, says German economist Andreas Beck. In his article for N-TV, he writes that a very significant number of countries in the world have not joined the sanctions and benefit from trade with Russia. He stressed that those calling for sanctions were displaying breath-taking irresponsibility.
Foreign critics have long chafed at the exorbitant privilege of the U.S. dollar as a global reserve currency. The U.S. can issue this currency backed by nothing but the ‘full faith and credit of the United States.
Despite the difficulties, the Russian economy can still exit with a brilliant trade and balance of payments. According to Bloomberg, experts expect Russia to earn almost $321 billion from energy exports in 2022, more than a third more than it did in 2021.
Even as US ‘President’ Joe Biden and Canadian premier Justin Trudeau announce food shortages sweeping their respective nations, farmers are being paid to stop farming. In the United States, chickens are now ‘illegal animals’ in more municipalities, requiring a permit, ‘due to bird flu. The claim goes’
The United States and its European cohorts have deprived the Russian Central Bank of access to foreign reserves, which threatens to stop other countries from using the dollar, analysts at Goldman Sachs write in a research note. As Insider argues, countries are concerned about the abusive power such widespread use of the dollar gives the US, and investors might take that seriously, too.
Prices for many essential commodities, food, fuel, plastics, and metals in the Western world, have soared beyond what many consumers can afford. As a result, cash-strapped consumers are forced to cut their spending. If this trend accelerates, it could lead to the fact that Western economies that have already suffered from the pandemic again plunge into the abyss of recession.
At Russian gas stations, gasoline is becoming cheaper. This became reported on Friday, March 11. Thus, on the St. Petersburg International Commodity and Raw Materials Exchange, since February 28, the price of AI-92 gasoline has decreased by a whopping 24.5% and amounted to 36.8 thousand rubles per ton, AI-95 – by 22% to 40.1 thousand rubles.
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