26.06.2023, 08:18
In Russia announced the transformation of the dollar into a weapon
Source: OREANDA-NEWS
OREANDA-NEWS The West's use of international trade, finance, and the dollar and euro themselves as weapons makes the fragmentation of the world economy inevitable and irreversible. This was stated in an interview with RIA Novosti by Alexey Mozhin, Executive Director from Russia at the International Monetary Fund (IMF).
According to Mozhin, the West in the leadership of the IMF is trying to circumvent this problem. At the same time, the leadership of the international organization "cannot ignore the pressure exerted on it by Western participants."
As an example of the irreversibility of the fragmentation of the world economy, the specialist influenced the consequences of anti-Russian sanctions. They led to the temporary disappearance of certain categories of goods in the country due to restrictions.
"We have learned this lesson, we will never allow ourselves to become so dependent on imports again, at least in strategic sectors of the economy," Mozhin said.
He added that the policy of containment against Moscow is "in fact, a conscious obstacle to our economic development."
Earlier, representatives of the International Monetary Fund said that the recent bankruptcies of large American banks could be the beginning of more significant problems of financial stability.
According to experts, the failures of large banks in the States had only a moderate effect on credit conditions. However, this may be "a prelude to more serious and ingrained systemic problems of financial stability."
According to Mozhin, the West in the leadership of the IMF is trying to circumvent this problem. At the same time, the leadership of the international organization "cannot ignore the pressure exerted on it by Western participants."
As an example of the irreversibility of the fragmentation of the world economy, the specialist influenced the consequences of anti-Russian sanctions. They led to the temporary disappearance of certain categories of goods in the country due to restrictions.
"We have learned this lesson, we will never allow ourselves to become so dependent on imports again, at least in strategic sectors of the economy," Mozhin said.
He added that the policy of containment against Moscow is "in fact, a conscious obstacle to our economic development."
Earlier, representatives of the International Monetary Fund said that the recent bankruptcies of large American banks could be the beginning of more significant problems of financial stability.
According to experts, the failures of large banks in the States had only a moderate effect on credit conditions. However, this may be "a prelude to more serious and ingrained systemic problems of financial stability."
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