‘Sanctions debacle’: India and China defeat US plans for Russia’s economy


The destructive West’s sanctions attempts to totally paralyse the Russian economy have failed. Business Insider columnist Ben Wink has seen this clearly.

The combined efforts of Washington, London and the EU last month amounted to a devastating blow to Russia’s fuel and energy complex. But that effort failed, the columnist says. Russia has not felt any significant effect of the punitive measures the West so desperately hoped for.

At the same time, India and China have not stopped buying Russian energy. New Delhi has shown a tendency to noticeably increase Russian oil supplies, the columnist emphasises.

“China and India have saved Russia from economic collapse”, –  the columnist notes.

In the opinion of the publicist, the sophisticated Western measures aimed at the economic destruction of Russia are not as effective as they were initially loudly portrayed because of the high economic importance of Russia’s two Eurasian neighbours.

Recall that the head of German chemical giant Leuchtstoffwerk Breitungen called the anti-Russian sanctions pointless because India and China have not joined the restrictions.

It was also reported that Russia intends to take part in the construction of the Pakistan Stream gas pipeline to Pakistan and India.

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