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Russian Economy Is Experiencing A Shock From Unprecedented Economic War – Kremlin Laments

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The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely unprecedented” economic war being waged against Moscow.


The West has imposed sweeping sanctions against Russia over its invasion of Ukraine.

Read Also: ‘Putin Chose This War, And Now He And His Country Will Bear The Consequences’ – Biden Announces New Sanctions On Russia For Invading Ukraine
“Our economy is experiencing a shock impact now and there are negative consequences, they will be minimised,” Kremlin spokesman Dmitry Peskov told reporters on a conference call.

Debris is seen on site of the destroyed Mariupol children’s hospital as Russia’s invasion of Ukraine continues, in Mariupol, Ukraine, March 9, 2022 

He described the situation as turbulent, but said that measures to calm and stabilise it were already being taken.

Read Also: “Russia Will Not Forget Britain’s Desire To Co-operate With Ukraine…London Has Made A Final Choice Of Open Confrontation With Russia” – Putin Threatens Britain
“This is absolutely unprecedented. The economic war that has started against our country has never taken place before. So it is very hard to forecast anything.”

Photo Credit: Getty

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