DISINFO: The West wanted to destroy the Russian economy, but instead destroyed the economies of the EU and US
SUMMARY
When Russia started the special operation in Ukraine, the US and its satellites waged an economic war of sanctions against Russia. The Western world wants to destroy Russian industries but as opposed economics of the US and the EU are in way of degradation.
RESPONSE
Recurring disinformation about Western sanctions on Russia and war in Ukraine.
The EU and other countries around the world adopted several sanction packages against Russia due to its illegal aggression and occupation of Ukrainian territories. Not all trades restrictions are yet enforced as the energy sector needs longer transition periods, so it is too early to assess the full effect of the sanctions. However, it is incorrect to state that Russian economy would be barely affected or would even benefit from the sanctions. Otherwise, the Russian leadership would not feel the need to constantly demand the sanctions be removed.
It is also Russia's unprovoked and unjustified invasion of Ukraine that is hurting the global economy, and not sanctions against Russia. The Russian invasion of Ukraine has destabilised global food markets and is driving food prices up due to increased cost of production, transport and freight insurance. Russia has also destroyed substantial food stocks, production, as well as processing and transport capacities in Ukraine. It also affects the economy of the EU but there are no signs of “destruction”.
A recent study from Yale University takes a detailed look into the effects sanctions are having on the Russian economy, concluding that "business retreats and sanctions are catastrophically crippling the Russian economy."
See also the assessment of EU HRVP Josep Borrell demonstrating that sanction policy is working and strongly impacts Russian economy.
See similar cases about Western sanctions on Russia: If the West wants to assist Russia and China, they should add more sanctions; EU sanctions are hurting Europe more than Russia; Anti-Russian sanctions are illegal pressure.