Putin: G7’s ‘Irresponsible’ Actions Triggered Global Inflation, Not Russia’s Special Op in Ukraine By Sputnik

[Manuel Tavares]

Putin: G7’s ‘Irresponsible’ Actions Triggered Global Inflation, Not Russia’s Special Op in Ukraine
By Sputnik
https://rayviolet.blogspot.com/2022/06/putin-g7s-irresponsible-actions.html

With the Western countries grasping to tackle rising inflation, US President Joe Biden has tried to pin the blame for economic hardships in his country and Europe on the Russian president, claiming that the inflation is a result of the so-called “Putin’s price hike”.

The roots of the skyrocketing inflation observed across the globe lie in years of “irresponsible actions” by the G7 countries, not in Russia’s military operation in Ukraine, Russian President Vladimir Putin said on Friday.

“The sharp increase in inflation did not happen yesterday – it is the result of […] many years of irresponsible macroeconomic policy of the G7 countries,” Putin said during the BRICS Plus meeting.

As western countries continue to put pressure on Russia over its military operation in Ukraine, they experience a spike in inflation. In the United States, inflation has eclipsed 8.6%, while UK year-on-year inflation was reported to be 9.1%, and in the Eurozone 8.1%.

Still, the West continues to condemn Russia’s military operation as an “invasion”, with Moscow underlining that the operation was launched in response to calls for help from the people of Donbass and...+
https://rayviolet.blogspot.com/2022/06/putin-g7s-irresponsible-actions.html