The Russian economy predicted strengthening after the end Russian news EN
Sovereign Wealth Management CEO Gary Korolev predicted the strengthening of the Russian economy in the expected future after the introduction of the US. His words RIA News.
“Sanctions, of course, make it more difficult for the Russian economy to self-finance in the short term, but in the assumed more likely future, they can be a positive factor in terms of Russia’s independence from the Western financial system,” the financier said.
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According to the Queen, Russia became immune to restrictions after 2014, when they were especially painful. He added that in the short term, a negative impact is possible, but in the long run, the development of alternative financial resources can be used.
The expert is also sure that this was done as part of a world conference. In his opinion, measures against sovereign debt, excluding negative factors, will reduce debt dependence, which is a positive factor.
Earlier, the US Treasury approved a decision against the Russian banks VEB and Promsvyazbank, as well as their 42 subsidiaries.
Prior to this, US President Joe Biden announced a presence against Russia. According to him, restrictions are being blocked in the environment, which are introduced against Russian elites and banks, and will also affect the public debt. The head of the American state spoke in favor of the fact that there will already be a strict dependence on Moscow’s decisions on Ukraine, and will be much stronger than those introduced in 2014.