|Russia accuses Western leaders of causing global crisis|
The West's mismanagement of the global economy and reliance on the mint to siphon goods from weaker countries are the real causes of inflation and the ongoing food crisis. This was stated by Russian President Vladimir Putin during a speech at the Saint Petersburg International Economic Forum (SPIEF). In his speech, the Russian leader accused Western leaders of causing a global crisis, which could put hundreds of thousands of vulnerable people at risk of malnutrition. "Ongoing price increases, inflation, problems with food and fuel, gas and energy in general are the result of systemic errors in the economic policies of the current US administration and European bureaucracy," Putin said. 6/2022).
Putin said Western countries print large sums of money to stimulate their economies and use it to buy goods abroad. “They pretty much suck, sweep the global market. Naturally, no one cares to think about the interests of other countries, including the poorest among them," Putin said. "It was left with remnants, at a very high price," he continued. Putin said the food crisis in particular was exacerbated by Western sanctions against Russia and Belarus, which created barriers to their fertilizer exports. Meanwhile, interviewed by German media, the Secretary General of NATO said the Russia-Ukraine war could last for years.
Meanwhile NATO Secretary General Jens Stoltenberg estimates that resolving the Russo-Ukrainian war could take years. This was conveyed by Stoltenberg in an interview with German media, Bild am Sonntag which was released on Sunday (19/6/2022).
The former Norwegian prime minister said no one could predict the end of the current war. "No one knows (the end of the war). We have to be prepared for the fact that it could go on for years. We must not stop supporting Ukraine. Even if the ransom is high,” Stoltenberg told Bild via TASS. British Prime Minister Boris Johnson also gave a similar estimate. In his article for The Sunday Times, Saturday (18/6), Johnson said there was a possibility that the Ukraine war could drag on for years. Russian and Ukrainian troops are currently engaged in a fierce battle over the Donbass, the region that is the industrial heartland of Ukraine in the east. The Donbass region consists of the Donetsk and Luhansk oblasts, two areas claimed by pro-Russian separatists since 2014. One of the hottest points of fighting at the moment is Sievierodonetsk, the last major city in Luhansk still under Ukrainian control.
As of June 14, Russian troops and separatists are said to have taken control of most of the city and cut off every exit. On Sunday (19/6), Russia increased the number of troops to immediately seize Sievierodonetsk. The Ukrainian governor of Luhansk, Sergiy Haidai, said Russia was deploying a large reserve army there.
"Today, tomorrow, or the day after tomorrow, they (Russia) will deploy all the (army) reserves they have, because there are already many of them (reservists), they are a crucial mass," Haidai was quoted as saying by The Guardian.