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President of Russia Vladimir Putin has admitted that the sanctions imposed on the Russian Federation due to its aggressive warfare may negatively have an effect on the state of affairs within the nation’s financial system.

Supply: Russian state-owned media RIA Novosti, citing Putin throughout a council session with parliament members

Quote: “The illegitimate restrictions launched towards the Russian financial system within the medium time period can actually have a destructive impact on it. On this regard, we have to guarantee a sustainable improve in home demand.”


  • The Wall Avenue Journal reported in its article that because of the warfare and the sanctions imposed towards Russia, the Russian financial system is starting to collapse.

  • Previous to this, Russian President Vladimir Putin said that the sanctions attributable to Russia’s assault on Ukraine didn’t appear to have a lot impact on Russia.

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By Maggi

"Greetings! I am a media graduate with a diverse background in the news industry. From working as a reporter to producing content, I have a well-rounded understanding of the field and a drive to stay at the forefront of the industry." When I'm not writing content, I'm Playing and enjoying with my Kids.

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