The sanctions imposed by the US, the EU and some other nations on Russia over its ongoing war in Ukraine have backfired causing a spike in energy prices and record inflation across the West….reports Asian Lite News
The world is about to experience major turbulence as a result of illogical moves by Western nations, Kremlin spokesman Dmitry Peskov has said.
“Most likely, a huge global storm is starting,” RT News quoted Peskov as saying in an interview.
“In many ways, there are objective reasons for that, but there are also subjective reasons for this beginning storm, which are linked to absolutely illogical and often absurd decisions and actions of the authorities in the US, Europe, the EU and individual European countries,” he said.
The sanctions imposed by the US, the EU and some other nations on Russia over its ongoing war in Ukraine have backfired causing a spike in energy prices and record inflation across the West.
In this situation, Russia “still manages to maintain macroeconomic stability. Very intense, thoughtful and consistent work is being carried out in order to achieve that”, Peskov noted.
“As restrictions are being artificially introduced in the West, (Russia’s) trade and economic relations are understandably starting to focus more on the East,” he added.
However, the Kremlin press secretary, who was speaking at the launch of the Eastern Economic Forum in Vladivostok, insisted that “it was completely unfair to say that we have turned to the East just now…”
“The Asia-Pacific region has always been a very important component for trade and economic relations, and energy dialogue, and other areas.”
