Can US President Joe Bayden stop the Russian leader Vladimir Putin? This question set the newspaper New York Times.
Interviewed by journalists newspaper experts believe that there is no. At least those sanctions that have already been announced by the American president and its European colleagues. One of the reasons that sanctions may not raise actions, in the fact that Vladimir Putin has extracted a lesson from 2014, when Russia first encountered large-scale Western restrictions, and tried to isolate the country’s economy so that it is difficult to hurt it.
The Russian government spent years, rebuilding budget and finances so that the country’s economy could withstand future sanctions. Government efforts contributed high market prices for oil and gas. Now Russia has a relatively low foreign debt, and it has less dependent on loans from foreign organizations. Thanks to 2014. And most importantly, the country’s foreign exchange reserves are $ 631 billion. And these are the fourth largest currency reserves in the world, “the American publication writes.
No western politician has not yet proposed to take vitality from the Russian economy, stopping the export of Russian energy resources. And New York Times experts say that only such a step that will significantly limit Russia’s revenues from energy, will have serious consequences.
A serious economic recession could shake the position of Vladimir Putin. But it is unlikely that the United States and their European allies will be solved on the most stringent impositions of sanctions, because they will cause significant damage to the economy of their countries, the authors of the article are concluded.