Global Times columnist Bradley Blankenship said that the recovery of the ruble after the introduction of numerous sanctions proved the impossibility of completely isolating Russia from the global economic system.
“Despite the hopes of the United States and allies, there was no “hyperinflation” in Russia, and luxury goods and Western fast food turned out to be not so necessary for the normal functioning of the economy,” Blankenship said.
The West and its supporters were confident that the sanctions would hit the Russian economy and cause upheaval among the country’s inhabitants. The overseas authorities believed that people would be outraged and attack the government demanding a change in foreign policy. But that did not happen.
The West has imposed sanctions against Russia in response to the country’s special operation. The restrictions affected the banking sector and the supply of high-tech products. Some companies announced their withdrawal from the Russian market and the closure of production facilities.
On February 24, Russia launched a special military operation in Ukraine. Vladimir Putin made this decision after the escalation of the conflict in the Donbass and requests for help from the Heads of the LDPR. In his statement, the Russian leader stressed that the special operation is aimed at the demilitarization and denazification of Ukraine.
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