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US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America – Economics Bitcoin News

April 29, 2023
in Crypto Updates
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Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America

Russia’s president, Vladimir Putin, has slammed the actions of the elites within the U.S. and Europe, stating that they don’t at all times act in one of the best curiosity of their very own folks. “It’s going to backfire on them,” he mentioned. Putin additionally referred to as for a cohesive response to the West’s financial aggression, emphasizing that Russia will strengthen its partnerships with pleasant nations and collaborate with international companions.

Putin Plans to Broaden Partnerships With Pleasant International locations

Russian President Vladimir Putin slammed insurance policies within the U.S. and Europe whereas calling for a cohesive response to the West’s financial aggression at a gathering with the Council of Legislators on Friday, Russian information outlet Tass reported.

“We’re not going to isolate ourselves. Quite the opposite, we are going to develop pragmatic, equitable, mutually helpful relations which might be nothing lower than partnerships with pleasant nations in Eurasia, Africa, Latin America,” Putin mentioned, including:

In america, by the way in which, now we have lots of people that assume alongside the identical traces as we do. Identical with Europe. The elites behave otherwise. However we all know that the elites in these nations are removed from at all times conducting the insurance policies that profit the curiosity of their very own folks. It’s going to backfire on them.

The Russian president additionally expressed his authorities’s willingness to collaborate with international companions, together with international corporations and firms that “worth their enterprise status and need to cooperate with Russia.”

Putin additional burdened: “Amid the West’s financial aggression, the parliament, the federal government, and all regional and native authorities should act clearly and shortly and work as one cohesive, well-coordinated workforce.”

Following the onset of the Russia-Ukraine struggle, Western nations imposed aggressive sanctions on Russia. Furthermore, the U.S. and its Western allies have seized over $300 billion in Russian central financial institution international forex property frozen by sanctions.

The financial sanctions and the weaponization of the U.S. greenback have led a rising variety of nations to de-dollarize and settle commerce in non-USD currencies. The BRICS nations are additionally working to create a standard forex. This week, the deputy chairman of Russia’s Safety Council, Dmitry Medvedev, urged all nations to make efforts to make sure that the “menace of world confrontation, of a sizzling, full-scale World Struggle III” doesn’t materialize. “World tensions are white-hot certainly,” he warned.

What do you concentrate on the statements by Russian President Vladimir Putin? Tell us within the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any injury or loss induced or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about on this article.

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