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Putin says sanctions on Russia are ‘provoking’ global crisis

The sanctions imposed on Russia by the West are “provoking” a global crisis, Russian President Vladimir Putin said on Thursday (12), during a meeting on economic issues.

“Its authors, guided by short-sighted and inflated political ambitions, Russophobia, hit to a greater extent their own national interests, their own economies, the well-being of their citizens. We see this, first of all, in a sharp rise in inflation in Europe,” Putin said.

According to the Russian leader, the continuation of the West’s “obsession with sanctions” will inevitably lead to “the most difficult and intractable consequences” for the European Union, as well as for the world’s poorest countries.

“The blame for this lies entirely with the elites of Western countries, who are ready to sacrifice the rest of the world to maintain their global dominance,” he said.

Putin added that Russia was dealing with external challenges brought on by Western sanctions and that inflation in the country was slowing.

“The weekly price rise has already dropped to 0.1% – this is already close to the weekly growth rate that corresponds to the Bank of Russia’s inflation target,” he said.

Source: CNN Brasil

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