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June 25, 2022, 4:53 am
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EU’s next potential sanctions target revealed Forging High-quality Partnership For a New Era of Global Development : Xi Jinping পদ্মা সেতুর উদ্বোধন উপলক্ষে ১০০ টাকা মূল্যমানের স্মারক নোট ২৪ জুন এক নজরে বাংলাদেশ পদ্মা সেতু উদ্বোধন উপলক্ষ্যে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী  Pentagon unveils new Ukraine weapons shipment Germany warns entire industries could stop due to gas shortage ২৪ জুন কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন Japan wants more people-to-people cultural bond with Bangladesh হাওর এলাকার আশংকাজনকহারে জলাভূমি হ্রাস বন্যার ভয়াবহতা বাড়িয়ে দিচ্ছে : আইপিডি PM to open Padma Bridge on June 25  EU and NATO forming coalition ‘for war against Russia’ : Lavrov President, PM greet all involved with Padma Bridge project অবিলম্বে দেশে ভোজ্যতেলের দাম সমন্বয়ের দাবি ক্যাব এর ২১ জুন এক নজরে বাংলাদেশ ২৩ জুন কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন AL means independence, developed Bangladesh: PM  imo steps in to facilitate flood victims LafargeHolcim signs agreement with Swisscontact Bangladesh to support waste management in MSMEs তামাকের দাম বাড়াতে মন্ত্রিপরিষদ সচিবকে ব্যবস্থা গ্রহণের সুপারিশ ৯৭ সাংসদের
Treanding
EU’s next potential sanctions target revealed Forging High-quality Partnership For a New Era of Global Development : Xi Jinping পদ্মা সেতুর উদ্বোধন উপলক্ষে ১০০ টাকা মূল্যমানের স্মারক নোট ২৪ জুন এক নজরে বাংলাদেশ পদ্মা সেতু উদ্বোধন উপলক্ষ্যে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী  Pentagon unveils new Ukraine weapons shipment Germany warns entire industries could stop due to gas shortage Japan wants more people-to-people cultural bond with Bangladesh হাওর এলাকার আশংকাজনকহারে জলাভূমি হ্রাস বন্যার ভয়াবহতা বাড়িয়ে দিচ্ছে : আইপিডি EU and NATO forming coalition ‘for war against Russia’ : Lavrov অবিলম্বে দেশে ভোজ্যতেলের দাম সমন্বয়ের দাবি ক্যাব এর ২১ জুন এক নজরে বাংলাদেশ imo steps in to facilitate flood victims LafargeHolcim signs agreement with Swisscontact Bangladesh to support waste management in MSMEs তামাকের দাম বাড়াতে মন্ত্রিপরিষদ সচিবকে ব্যবস্থা গ্রহণের সুপারিশ ৯৭ সাংসদের Prerona Foundation-Bengal Meat collaborates NATO chief ‘cannot guarantee’ membership for Finland and Sweden Energypac Sponsors 4th Dhaka Automotive Show 2022 Putin’s Global Ratings Drop to 20-Year Low : Pew Australian envoy expects Padma Bridge to enhance regional growth

US policies led to ‘new G8’: Moscow

Bangladesh Beyond
  • Updated on Sunday, June 12, 2022
  • 79 Impressed

US policies led to ‘new G8’: Moscow

Dhaka June 12 2022 (RT) : 
Washington has pushed the countries not participating in “sanctions wars” to form a new economic bloc, Russia’s Duma speaker said.

Following the launch of Russia’s military offensive in Ukraine in late February, the US, EU, UK and many other countries imposed hard-hitting restrictions on Moscow, making Russia the most sanctioned country in the world.

In a Telegram post, Volodin included a table with IMF data on GDP based on purchasing power parity of countries he calls the “new G8” and of countries forming the current G7 (after Russia’s participation in the bloc was suspended over Crimea’s vote to join the country in 2014, the G8 effectively turned into the G7).

The group of eight countries not participating in the sanctions wars – China, India, Russia, Indonesia, Brazil, Mexico, Iran, Turkey – in terms of GDP at PPP is 24.4% ahead of the old group,” Volodin wrote.

In his opinion, the economies of the G7 members – the United States, Japan, Germany, Britain, France, Italy and Canada – continue “to crack under the weight of sanctions imposed against Russia.”

The rupture of existing economic relations by Washington and its allies has led to the formation of new points of growth in the world,” Volodin claimed.

While having serious economic difficulties, the US, according to the Duma speaker, continues “doing everything to solve their problems at the expense of others.” Creating tensions will “inevitably” lead the US to lose its world domination, Volodin stressed.

The United States created the conditions with its own hands for countries wishing to build an equal dialogue and mutually beneficial relations to actually form a ‘new Big Eight’ together with Russia,” he said.

Meanwhile, on Friday, US Deputy Assistant Secretary of State Eric Woodhouse said that Washington and its allies had realized that they would get “spillovers” of anti-Russia sanctions into their own economies. Their determination in imposing sanctions on Moscow, he claimed, has demonstrated a willingness to “accept those costs.”

US Treasury Secretary Janet Yellen admitted on the same day that the anti-Russia sanctions have made a “huge difference to food and energy prices,” amid record-setting inflation. The remarks followed the statement by the Russian President Vladimir Putin who said that “many years of mistakes made by Western nations” in their economic and sanctions policies have caused “a global wave of inflation, disruption of established logistical and manufacturing chains, a surge in poverty and a deficit of food.”

 

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