France Declared Economic War Against Russia
France declared economic war against Russia, said – will cause the collapse of the Russian economy.
France declared an economic and financial war on Russia on Tuesday in protest against the attack on Ukraine. This has increased the risk of the Russian economy collapsing badly.
Speaking to the media, French Finance Minister Bruno Le Maire said, ‘We are waging an all-out economic and financial war against Russia. We will cause the collapse of the Russian economy.
“The sanctions against Russia’s central bank by the European Union, the United States and allies and the removal of many banks from the international banking system SWIFT are also proving effective,” he said.
However, the former President of Russia has reacted strongly to Maire’s statement.
Responding to Maire’s statement, former Russian President and Prime Minister Dmitry Medvedev tweeted: “Hold on your tongue, sir!
Don’t forget that economic wars often turn into real wars in human history.” Let us inform that at present Medvedev is the deputy head of the Security Council of the Russian Federation.
Apart from this, more aid has also been announced by France to Ukraine. France has announced financial and humanitarian assistance of 800 crore rupees to Ukraine.
On behalf of the French Foreign Ministry, it has been said that help will also be given to Ukrainian refugees in Poland.
Russian market and public groaned from sanctions.
For nearly two decades, the capitalist and globalization policy of President Vladimir Putin has enabled Russians to enjoy cheap airlines, exotic gadgets, cars, and other amenities.
Now the time of crisis is appearing on the life of these facilities and comfort. This is because of the economic sanctions imposed on Russia by the US and Western countries for attacking Ukraine.
On Monday, sanctions on the Central Bank have also started stocking the Russian economy and business activities.
The Russian currency ruble has hit the ground, with the Central Bank closing stock trading in Moscow on Tuesday.
People lined up to withdraw cash from ATMs and national airline Aeroflot has canceled all flights.
