The National Interest: Western sanctions forced Russia to bathe in money

The National Interest reports that Russia managed to achieve a record foreign trade surplus under the pressure of the Western sanctions policy.

Source: myhouse777.ru

The publication states that Western sanctions have failed to destroy the Russian economy. At the same time, citizens of the United States and European countries suffered much more than Russians.

It is reported that in the second quarter of this year, the surplus of Russian foreign trade reached a record $70.1 billion. The ruble showed enviable stability under the new conditions, approaching the figures of 2015 against the euro. The reason for this, the newspaper writes, is high commodity prices and Russia’s ability to export oil, gas, food and gold to the world market.

European countries, on the other hand, are faced with a double problem: a shortage of fuel due to a decrease in supplies from Russia, as well as huge inflation, which is caused by rising energy prices.

It is noted that anti-Russian restrictions have brought more problems to the world than to Russia itself. From an economic point of view, it “has not suffered one ounce,” The National Interest concludes.

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