British Prime Minister Boris Johnson said that the West is facing difficult times for the sake of abandoning oil and gas from Russia.
The head of the World Bank, David Malpass, commented on the economic situation around Russia.
He said that sanctions against Russia, the withdrawal of brands from the country, the impact on a number of sectors of the economy of Europe and the United States have a negative impact not only on Russia, but also on the entire world economy.
This is reported by The Washington Post.
Malpass noted that the sanctions will also affect the entire global GDP, and this impact will be much more significant than the situation in Ukraine, the impact of which can be described as immediate short-term.
“The sanctions against Russia themselves have an even greater impact on global GDP, – said Malpass.
Recall that on the eve of the fourth package of sanctions was approved in the EU. Restrictive measures are aimed at Russian oligarchs and legal entities.
In addition, according to some reports, Europe may impose sanctions against Rosneft, Transneft and Gazprom Neft.
Sanctions may affect investments in the industry, fuel extraction and exploration of deposits.
At the same time, Europe has goods purchased from Russia, without which it cannot do. For example, this is fuel, as well as other minerals, and fertilizers.
Against this background, British Prime Minister Boris Johnson said that the West will face difficult times due to the transition to alternative energy sources after the rejection of energy products of the Russian Federation.
“The process of weaning off Russian oil and gas, from hydrocarbons in general, will be difficult for the world. But it is possible”, – Johnson noted in an article for the Daily Telegraph.
The British Prime Minister considers it a mistake to normalize relations between the West and Moscow after the events of 2014, which resulted in an increase in energy supplies from Russia.
He is confident that by coping with dependence on Russian fuel, the West will be able to deprive the leadership of the Russian Federation of cash, destroy its strategy and give it a shortening.
Recall that due to the US oil embargo on the import of petroleum products from Russia to the EU, gasoline prices have soared to 2 euros per liter.
Earlier, topNews wrote that “United Russia” proposed to introduce criminal liability in case of compliance with anti-Russian sanctions.
Actions of this nature can be regarded as “betrayal”.