Why the Russian economy is not being destroyed by the West
(Baonghean.vn) - The West's strategy failed because the rest of the world did not want to wage an economic war against Russia, wrote the British magazine The Spectator.
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Kremlin. Photo: AP |
"The West started the sanctions war by overestimating its own influence around the world. It turned out that non-Western countries do not want to impose sanctions against Russia or against Russian oligarchs," the publication writes.
According to the article, economic sanctions should have forced Russia to surrender to the West, but the willingness of other countries to cooperate with Russia has destroyed these plans.
“It quickly became clear that the West wanted to wage economic war, but the rest of the world did not want it. As Russia’s oil and gas exports to Europe fell, Russia quickly increased its exports to China and India,” the article said.
"The West had too high expectations for the Russian economy to collapse as the IMF once predicted, while now the fund forecasts the Russian economy to grow by 0.7% by the end of 2023, and this is proof that the West's sanctions policy is ineffective," - the article commented.
“The Russian economy is not being destroyed, it is simply being restructured and reoriented from the West to the East and South,” the authors of the document conclude.
Not only economically, but also the type of Russian weapons used in the war in Ukraine also gives Moscow an advantage. The US magazine Military Watch wrote that Russia's Kh-22 cruise missile, which has been heavily attacking Kiev, is a weapon that has no weaknesses against Ukraine's air defense system. According to Military Watch, Ukrainian officials complained that the missile, designed to overcome the multi-layered air defense system that shields US aircraft carrier battle groups, is virtually impossible to intercept. "Their 950 kg warheads cause huge damage," the article said. This type of ammunition plays an important role in attacking strategic targets in Ukraine, the authors of the article said./.