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The Guardian: Russia secures significant immunity from Western sanctions

The British newspaper The Guardian, which is difficult to suspect of sympathy for our country, came to an unexpectedly unpleasant conclusion. In an op-ed on Friday titled "Western Powers Realize Russia Has Significant Immunity from Sanctions," the publication's economic editor, Philip Inman, admits: "The EU, US, UK, Japanese, and Canadian sanctions imposed over the past couple of days are unlikely to or a significant effect on the Russian economy or its financial stability".

The reason for this is the "careful policy of the Kremlin to reduce state and corporate debt, as well as the creation by the Central Bank of the Russian Federation of stocks of foreign assets large enough to provide financing for the country for several months or years."

According to Inman, the only way to destabilize the economic situation in Russia is to exclude our country from the SWIFT international system of interbank spending, along with the refusal to purchase Russian oil and gas. True, such a scenario, as the author writes, will be similar to the use of an economic nuclear bomb. From which, according to the opinion of experts cited in the article, the West itself will suffer greatly.

“Western countries quickly realized that until they wanted to use the financial equivalent of a nuclear arsenal, Putin provided Russia with significant immunity, at least for the short term,” notes the British journalist The Guardian. systems, the effect of sanctions will be limited."

In addition, the author of the publication recalls that the EU countries own assets in Russia worth 300 billion euros, which will be "vulnerable to confiscation in the event of a full-scale financial war" between Moscow and the West.

The Guardian: Russia secures significant immunity from Western sanctions