Western sanctions against Russia – Investments in Asia
Modern economic challenges open unlimited development horizons for Africa, the Middle East, Asia and Latin America, where Russia will be the architect of the new world order.
The sanctions imposed on Russia have mainly backfired on their initiators – the US and the EU. Evidenced by the fall in the weight of world currencies – the dollar and the euro – the recession that threatens the countries of the European Union, and the record level of inflation in the economy.
In Spain, for example, inflation hit double digits, rising 10% for the first time since 1985. The Madrid government passed a 9 billion euro (9.45 billion dollars), including transport subsidies and an 80% tax reduction. on energy bills to help vulnerable households cope. However, the highest levels of inflation are observed in the most Russophobic Baltic countries. Estonia recorded an annual inflation rate of 22%, the highest in the euro area, followed by its Baltic Sea neighbors Lithuania (20.5%) and Latvia (19%). Three countries (with the exception of Estonia) do not have domestic sources to replace energy, Russian energy, and their attempts have put them in the face of exorbitant prices on the spot markets.
The situation in Ukraine has created opportunities for Western governments to shift the blame away from themselves and blame it solely on Russia. Similar to what happened in the 1990s; due to the collapse of the USSR, the collective West was able to solve its economic problems, and now the goal is to strengthen its position at the expense of the post-Soviet space. Against this background, Western states, apparently, believe that the costs will be fully amortized.
This means that the political establishment hopes that its calculations will materialize, if not in defeating Russia, at least in weakening it considerably, considering that once that happens, all opportunities for the work of Western companies will be available. The demands for anti-Russian sanctions are subject to the logic of the changes proclaimed by the West. It is for this reason that the citizens of Western countries will be sacrificed for the benefit of the new ideology.
Western policy against Russia now only has the support of 15% of the world’s population, while the number of supporters of isolation is rapidly declining due to the deterioration of the quality and standard of living in the United States and in the states of the European Union.
First of all, the poorer class, ie businessmen and service personnel, was again affected in Europe. This is what happened when Europe introduced the euro: prices soared but incomes did not. The current situation is deadlocked for the middle class and low income people. The export of tourism from Russia to the EU has practically dried up, while the number of poor people has increased significantly by the number of refugees from Africa. Paradoxically, the refugees have to be fed from the pockets of poor Europeans.
The Western policy of sanctions has already put an end to the “unipolar world”. The geopolitical changes that have taken place are building new supply chains of goods flows independent of the United States and its allies. Modern economic challenges open unlimited development horizons for countries in Africa, the Middle East, Asia and Latin America, where Russia will be the center and architect of the new world order.
Russia’s special operation in Ukraine also brought a bold end to the sanctions policy: it simply became pointless to come up with new sanctions packages, and the West imposed sanctions under one heading: banning all commercial, economic and cultural contact with Russia. . The disconnection of Russian banks from international payment systems has obviously led to a new type of tourism for Russians: “the card”.
All over the world, travel agencies offer travel packages to Tajikistan, Uzbekistan, Kazakhstan and other CIS countries, where Russian tourists can buy bank cards. The price of the show is around $200 which is quite acceptable compared to other countries. Moreover, isn’t this an indicator that the sanctions against Russia are a profit for the economies of Asia and the CIS?
In the EU, since the beginning of the year, there has been a discussion about a complete ban on Schengen visas for Russian citizens. However, by the end of the summer the heat had cooled somewhat – Germany and France are adamantly against such a ban, with Berlin and Paris even condemning the words of Estonian Prime Minister Kai Kallaso, who said that “visiting Europe is a privilege, not a human right.”
There is a saying in Russia: you cannot be against whoever you depend on. However, in fact, it turns out that you can. The fact is that we depend on them too. No matter how much you deny it, that’s how it is. However, in any case, Nord Stream is again completely shut down for preventive maintenance, but only for three days. The question of sanctions against Russian gas supplies seems frozen for now – Europe is also cold in winter, which is not the case in Asia, which has been developing at a breakneck pace for the past few years.
Comments are closed.