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Russian President Vladimir Putin said international sanctions imposed on Moscow following the Ukraine invasion could have “negative” consequences. He had earlier said Russia was adapting quickly to the sanctions.
Vladimir Putin on Western Sanctions: Russian President Vladimir Putin Appears. (Associated Press)
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read more: Putin ‘information isolation,’ could use ‘bomb’ if…: Ukraine’s Zelensky
“Sanctions imposed on the Russian economy in the medium term will really have a negative impact on it,” Vladimir Putin told a teleconference.
The Russian leader also said the country’s manufacturing sector remained sluggish.
Meanwhile, Ukrainian President Volodymyr Zelensky said Western sanctions on Russia were not enough, calling for far-reaching measures against Vladimir Putin’s inner circle.
read more: Ex-Ukrainian General Predicts Russia Could Be in…
They “have to know they’re going to lose all their money … all their real estate in Europe or in the world, they’re full of yachts,” Zelensky told the Associated Press. More than 30 countries have imposed sanctions on Russia, including price caps on Russian oil and oil. Restrictions on Access to Financial Transactions.
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Overall, more than half of the world economy has sanctions against Russia, and the West has directly sanctioned nearly 2,000 Russian companies, government officials, oligarchs and their families. Sanctioned Russian assets worth more than $58 billion have reportedly been blocked or frozen around the world.
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