Putin Mocks West Failure To Crush Russian Economy
Russian Rouble remains on top despite sanctions
Have US and allies failed to isolate Russia?
Russian President Vladimr Putin took a sharp dig at the west economic aggression. Mocking the sanctions regime Putin said that the west failed to crush Russian economy . Putin hailed Rouble performance calling it one of the strongest currencies in the world and credited the Russian currency performance to transfer of gas payments in rouble .
Remember Putin has managed to keep Russia economy afloat despite western sanctions . When US and allies imposed sweeping crumbs on the Russian economy ability to do business Moscow already less reliant on imports found new markets to meet its needs .
The largest contribution came from Russian gas high in demand throughout Europe . Now Putin aims to build on the plan to expand trade cooperation with new partners . On Thursday Putin announced that Moscow would do this by switching gas flows to eastern neighbours.,In order to combat the western economic sanctions .
To thwart western effort to isolate Russia economically Putin said Moscow will further develop its ties with partners in Asia. Africa and Latin America . While declared his intensions the EU member nations failed to thrash out a ninth sanctions package to Punish Russia due to internal differences.
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