Ukraine war: Russia’s Putin says Western sanctions sparking global economic crisis


Source: scmp.com scmp.com

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President Vladimir Putin said on Thursday that the West had triggered a global economic crisis and a wave of ruinous inflation by imposing on Russia the most severe sanctions in recent history over the conflict in Ukraine. Putin’s February 24 order of a “special military operation” in Ukraine prompted the United States and its allies to impose sweeping sanctions on Moscow and the Russian elite, steps the Kremlin chief casts as a declaration of economic war. The West’s sanctions, Putin said, were fomenting a global crisis that would whiplash against the European Union and trigger famine for some of the...