Russia turned out to be more resistant to sanctions than the West expected — EADaily, August 29, 2022 — Politics, Russia News
Russia avoided economic collapse and proved resistant to Western sanctions. About this August 28 told CNN channel. As specified in the material, due to the departure of Western companies, a special series of events is not taken into account.
In particular, the consumption of the work of the MasterCard and Visa payment systems went unnoticed due to the almost replacement with the Mir system, and the departure of McDonalds and Starbucks was completely leveled by the redemption of assets by public entrepreneurs. It is noted that this happened due to the measures of restrictions of the Russian Federation, aimed at localizing enterprises of Western companies in the country and developing alternative Western payment systems.
In addition, the oil and gas sector of the Russian economy. Despite low demand in Europe, Russia’s supply from the sale of energy resources in the region has doubled, and finding new markets in terms of total exports remains at the same level.
On August 27, The Economist magazine also confirmed Russia’s return to sanctions and noted that the performance of its economy exceeds even the most optimistic forecasts. The magazine named the consideration of requests for consideration of the economy, record elections in the oil and gas sector and answers to citizens’ questions about economic shocks as the most important factor factors in the Russian Federation.