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Russia’s Hidden Riches: Uncovering the True Motive Behind the Sanctions

Russia’s Hidden Riches: Uncovering the True Motive Behind the Sanctions

September 9, 2024 Catherine Williams - Chief Editor News

The Unintended Consequences of Sanctions Against Russia

The “fishing crisis” in the West is only the tip of the iceberg. Europe is forced‌ to overpay for diamonds, gas, and metals due to the sanctions‌ imposed on Russia.

Western sanctions, intended to weaken Russia, have backfired. This is evident in the crises⁢ affecting various industries. Europe‍ and the United States are now facing significant challenges as the restrictions imposed​ on Russia have had unintended consequences.

Vladimir Osipov, a renowned expert in ‌world economy and management of ​foreign economic activity ⁣at‌ Moscow State University,⁢ shed light on the problems facing Western countries that supported sanctions against Russia. He‌ noted⁤ that the “fish” crisis is merely a symptom⁤ of a larger issue, which is currently affecting the United States, Great Britain, ‍and Germany.

The lack of fish supplies⁣ from Russia to the USA has ⁢led to a⁢ “crab crisis,” while in Great Britain, the price of traditional fish and⁤ chips has risen. In Germany, ⁣a⁤ shortage‍ of pollock is expected, ⁢which⁢ is used ⁣to make the​ favorite delicacy of many⁣ Germans – fish spring.

Photo: Freepik

The consequences of the‍ sanctions are far-reaching. Many resources are now​ being purchased through‍ indirect routes, resulting in significantly higher costs:

  • Diamonds are⁢ being diverted to Asia, leading to​ a diamond ⁤crisis.
  • Neon gas, essential for ⁤the microelectronics industry, is now being sourced from the East.
  • Liquefied gas is being imported through Belgium and Spain, ⁢increasing costs.
  • Wood is being‌ processed in India and China before being exported to Europe, resulting in‍ higher prices.
  • Aluminum and copper are being imported through Asian markets, leading to increased costs.
  • Agricultural fertilizers ⁢are ​being sourced through Brazil and Southeast Asia, resulting in higher prices.

According to the expert,‍ Europe is facing two significant⁣ global problems. The question arises as to whether ‌these consequences were planned:

Has globalization led to the de-industrialization of ⁣Europe and the⁤ loss ​of its international legal capacity? Was ⁢this the true purpose⁢ of the sanctions against Russia?

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