Western sanctions do not work: the ruble has almost fully recovered after the start of the special operation - Global Times
The rapid recovery of the Russian ruble shows that the West has overestimated its capabilities, the newspaper writes.
By design, the sanctions were designed to hurt the Russian economy and anger Russians by provoking them to criticize the government and thus force Moscow to change course.
However, the "hyperinflation" that the United States and its allies hoped for so much did not happen in Russia. The publication adds that the luxury goods that have been banned from selling some brands to Russia, as well as Western fast food chains, do not seem to be so necessary for Russians.
The rapid recovery of the Russian ruble shows that the West has overestimated its capabilities, the newspaper writes.
By design, the sanctions were designed to hurt the Russian economy and anger Russians by provoking them to criticize the government and thus force Moscow to change course.
However, the "hyperinflation" that the United States and its allies hoped for so much did not happen in Russia. The publication adds that the luxury goods that have been banned from selling some brands to Russia, as well as Western fast food chains, do not seem to be so necessary for Russians.