LAST UPDATE: 15.40
Russian President Vladimir Putin has signed a decree on additional social guarantees for FSB border guards and their families, according to the Russian news agency Ria Novosti.
In particular, the relevant decree on additional guarantees for military personnel provides for a one-time payment of 5 million rubles (55,922 euros) to families in the event of the death of a soldier during the “special military operation”, as the Kremlin calls the invasion of Ukraine.
The main negative factor for the Russian economy was the pressure of sanctions from the West, Russia withstood it, the attempt of Western countries to use the sanctions to collapse the banking system and the lack of goods failed, the Russian president said in the meantime. “Obviously, the main negative factor for the economy lately has been the pressure of sanctions from Western countries. The aim was to quickly undermine the financial and economic situation in our country, to cause panic in the markets, to collapse the banking system and to “There is a huge shortage of goods in the shops. But we can already say with certainty that this policy has failed Russia,” Putin said at a meeting on socio-economic issues.
“The transition from foreign trade to the rubles and national currencies of partner countries must be accelerated,” he added.
It is necessary to constantly monitor the situation in the economy and the labor market and to make timely decisions, the Central Bank and the government have been able to do this all this time, Putin said. “Obviously, we need to constantly monitor the situation in the economy and the labor market, to make timely decisions for a stable, secure operation of businesses. So far, the government and the Central Bank are certainly able to do that,” he said. Putin.
Putin also noted that Western countries had hurt themselves by imposing sanctions on Russia, which he said had led to a “deterioration of the economy in the West.”
Speaking about the state of Russia’s domestic economy, Putin said that inflation is stabilizing and that retail demand in the country has normalized.
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.