Ditching the dollar: Russia's long-term response to Washington | WHAT REALLY HAPPENED


Ditching the dollar: Russia's long-term response to Washington

Russia will respond to new US sanctions with the help of an unexpected decision: Moscow intends to reduce dependence on the dollar and American payment systems.

New US sanctions against Russia have become the largest since early 2014. The law, signed by US President Donald Trump, hits the energy sector, which is extremely important for the Russian economy. In addition, the document provides for the possibility of imposing sanctions on the state debt of the Russian Federation in six months, and this would be a serious blow to the country's economy.

Therefore, a response to sanctions is necessary, and we should not talk about expanding the food embargo.

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