Putin: Sanctions against Russia cause a global crisis

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 Russian President Vladimir Putin said that Western sanctions against Russia hurt their own economies, as well as cause a global crisis.


These sanctions are the main cause of the global crisis. With their short-sighted political ambitions and anti-Russian ideology, the authors of those sanctions have harmed their own national interests. them, their economy, the lives of the people," Russian President Vladimir Putin was quoted as saying by TASS news agency at a cabinet meeting on May 12.


"What we see first of all is a spike in inflation in Europe," said the Kremlin owner, pointing out that in some countries the inflation rate has reached almost 20% a year, and in the eurozone. In the euro area, commodity prices have increased by more than 11%.


He warned that if sanctions against Russia continue, the European Union (EU) will inevitably have unpredictable consequences affecting the lives of their people as well as those of the world's poorest countries.


Meanwhile, President Putin said that in the past two months, Russian officials have held many meetings to discuss plans to ensure stable economic development in the face of Western sanctions.


Russia has been repeatedly subjected to Western sanctions after launching a military campaign in Ukraine. Moscow has responded to the sanctions by asking "unfriendly countries" to pay for gas in Russian rubles or it will cut off supplies. Last month, Russia cut off gas supplies to Poland and Bulgaria. Russia announced today that it will stop exporting gas to Europe through a pipeline that runs through Poland. Russia's Gazprom Group explains, this is because EuRoPol Gaz, the company operating the pipeline through Polish territory, is on Moscow's sanctions list and faces a ban on transactions and payments from Russia. .


Relations between Russia and the West have escalated recently due to the military campaign in Ukraine. The West continuously provides military support to Ukraine, including providing heavy weapons to help the country cope with the momentum of Russia's attack. Moscow has repeatedly warned that this move could lead to the risk of direct conflict between Russia and the West.


The Kremlin on May 12 warned that Russia is ready to respond with the most drastic response if any side interferes in the military operation in Ukraine. "Both Russia and NATO want to avoid

"Both Russia and the West want to avoid (direct conflict) and statements on this issue are constantly being made by NATO, especially the US, even at the highest level. This is something everyone wants to avoid. ", said Kremlin spokesman Dmitry Peskov.


On the same day, Deputy Chairman of the Russian Security Council Dmitry Medvedev warned on Telegram that the West's "pumping" of weapons to Ukraine increases the risk of conflict between NATO and Russia and develops into a nuclear war - "a disaster scenario for all".

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