The senior official told Reuters reporters that Russia's inflation rate of up to 6%in the past three weeks highlights the impact of sanctions on Moscow and shows the decline in the purchasing power of rubles.Although the value of the ruble has picked up, this cannot prevent the Russian economy from shrink sharply because Russia is facing serious inflation problems.
(Washington Composite) anonymous senior officials in the US Treasury said that the sanctions of the United States and allies on Moscow are pushing the Russian economy to decline, causing it to become a closed economy again.
The senior official told Reuters reporters that Russia's inflation rate of up to 6%in the past three weeks highlights the impact of sanctions on Moscow and shows that the declining purchasing power of rubles.
Although the value of the ruble has picked up, this cannot prevent the Russian economy from shrink sharply because Russia is facing serious inflation, reduction of exports, and shortages.
He said: "The economic consequences facing Russia are serious, the high inflation rate will only get higher and higher, and the depth decline will only get deeper and deeper."
He pointed out that for the wealthy oligarchs, the wealthy oligarchs, the sanctions in the key industrial fields that are connected to the Russian President Putin, and the US export control that prohibit Russia from obtain key technologies, it will eventually push Russia to the closed economic state of the Cold War.
Russia is mainly a producer of commodities and raw materials, and is unable to produce its own consumer goods and technical products."As a closed economy, Russia can only consume what they produce, which will be a severe adjustment."
However, this process will not happen immediately, because China, India and other countries are still conducting trade with Russia, and can replace some of the goods and parts purchased from Western companies in Russia.
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However, exports in the United States are limited to Russia's semiconductors, software and other technologies that Russia can obtain.The official said that the United States hopes that sanctions and export restrictions can weaken the Russian economy, as well as the Russian army's ability to purchase parts and equipment for war.
On the other hand, Adams, head of the newly established special working group "KleptoCapture", newly established by the US Department of Justice, revealed that there is evidence that Russian oligopoly tries to evade international sanctions on Russia.assets.
He pointed out that it is difficult to track the assets of the oligopoly because they are hidden in the "shell company around the world", but there is evidence that some oligarchs have shifted to mobile property such as yachts and planes to people think it is more difficult to investigate and freeze.Jurisprudence.
The Bayeng government announced a new round of sanctions on Russia and White Ross on Friday, and included 120 entities on the list of prohibiting export of cutting -edge technology in the United States. Most of them were linked to the Russian military.
The U.S. Department of Commerce said that sanctions are designed to "weaken the ability of national defense, aviation, maritime and other strategic departments such as Russia and White," to cut off the resources required by the Russian and Ukraine War.
Sources revealed that ship fuel sellers have stopped in major European hubs such as Spain and Malta to provide fuel supply services for vessels hanging from the Russian flag.This has caused a blow to the export of Moscow. Russian tankers from the Pakistani port to Asia will face serious logistics problems.
