Russian President Vladimir Putin has expressed hope that Russia’s relations with Ukraine will return to normal after the end of the campaign. He made the remarks at an economic forum in St. Petersburg on Friday, local time. News from AFP and Reuters
Putin took part in a Q&A session with Kazakh President Qasim-Jomart Tokayev at the Economic Forum. He said that sooner or later, the situation will return to normal.
The ongoing economic crisis around the world
Today’s speech was broadcast on television. There he spoke of the ongoing economic crisis around the world. According to Putin, Russia’s campaign in Ukraine is not responsible for inflation in many countries. Western countries are blaming Moscow for covering up their mistakes.
World oil prices have risen sharply since the start of the Ukraine war. Due to this, inflation has appeared in many countries of the world including United States and Europe. The prices of daily necessities are increasing by leaps and bounds. Inflation in the UK is expected to exceed 11 per cent this year.
Russia’s Gazprom plans to cut gas supplies to Europe
Blaming the West for this, Putin said rising commodity prices, inflation, food problems, and fuel prices were the result of systematic mistakes in the current US administration and European bureaucratic monetary policy.
Gas prices, meanwhile, have risen sharply since Russia’s Gazprom announced plans to cut gas supplies to Europe. According to Putin, fuel prices have risen sharply since Russia’s invasion of Ukraine last year. The Russian operation began on February 24 this year.
The attack on Ukraine and the consequent imposition of sanctions on Moscow have hampered supplies of food grains and other commodities from Russia and Ukraine. This has increased the price of food. There are allegations that Russia is blocking grain ships from Ukraine.
Putin dismissed the allegations, saying Kiev had planted mines in their ports. As a result, grain cannot be exported from there. Russia has no hand behind this.