24.12.2023, Moscow.
The United States has lost its economic leadership, Russian State Duma Speaker Vyacheslav Volodin said in his Telegram account on December 24.
They are trying to regain it by unleashing military conflicts, trade and sanctions wars, terrorist acts, and destroying the economy of Europe. However, so far these attempts have not brought results, Volodin believes.
Threats to disconnect the world’s banks for violating the anti-Russian sanctions, which have not become effective, from their financial system only undermine confidence in the United States, Volodin emphasized. Therefore, other countries will more actively switch from the dollar to other reserve currencies to ensure their financial security.
Russia is already switching to payments in national currencies with other countries. The share of currencies of unfriendly countries in Russia’s payments for two years has decreased from 96% to 24%, said the speaker.
US President Joe Biden signed an executive order that expands the ability to impose sanctions against Russia. Now banks that help it circumvent sanctions can be disconnected from the financial system.
The decree also allows blocking supplies of products of Russian origin even in case of their deep processing in other countries. This includes seafood, alcohol and diamonds.
Source: Rossa Primavera News Agency
